All of the following will support an insurable interest for purposes of purchasing property and liability insurance EXCEPT

Name: All of the following will support an insurable interest for purposes of purchasing property and liability insurance EXCEPT
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Former ownership of property does not provide a current insurable interest as the individual no longer owns the property. The other options (potential legal liability, secured creditors, and contractual right) would provide a current insurable interest.

All of the Following Will Support an Insurable Interest for Purposes