Solved

Jane and Aaron Were Friends

Question 4

True/False
Jane and Aaron were friends.Aaron has always loved dangerous sports and activities.Jane has always thought that he wasn't long for this life.Jane purchased a life insurance policy on her friend's life.One day,as he was rock climbing,Aaron fell 100 feet and died.Since Jane and Aaron were friends,Jane had an insurable interest in his life and will be entitled to the insurance proceeds.

Jane and Aaron were friends.Aaron has always loved dangerous sports and activities.Jane has always thought that he wasn't long for this life.Jane purchased a life insurance policy on her friend's life.One day,as he was rock climbing,Aaron fell 100 feet and died.Since Jane and Aaron were friends,Jane had an insurable interest in his life and will be entitled to the insurance proceeds.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents