Estelle owns and operates a commercial dairy farm with her son Gabe.Estelle applies to obtain an insurance policy from Farm & Ranch Insurance Company to pay $1 million to Gabe on Estelle's death.This is an example of
A) a violation of state law.
B) an attempt at wagering, but not a violation of state law.
C) liability insurance.
D) life insurance.
Correct Answer:
Verified
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