A person who would suffer a direct pecuniary loss if a particular piece of property were destroyed has a(n):

Name: A person who would suffer a direct pecuniary loss if a particular piece of property were destroyed has a(n):
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Question

Quizplus · Accepted Answer

Insurable interest refers to the financial stake or interest that a person has in a particular property or event, such as a potential loss. In this case, the person who would suffer a direct pecuniary loss if the property were destroyed has an insurable interest in that property.

A Person Who Would Suffer a Direct Pecuniary Loss If