In which of the following losses are you not likely to have an insurable interest?

Question

Quizplus · Accepted Answer

Insurable interest means that you have an economic interest in the property or person being insured. In the case of an oil spill in Alaska that destroys wildlife, you do not have a personal financial interest or relationship with the wildlife, so you would not have an insurable interest. The other options all involve losses that could result in a financial impact on you personally, and therefore you would have an insurable interest in them.

In Which of the Following Losses Are You Not Likely