For Diana to obtain an insurance policy on Eden Farm, including its crops, equipment, and livestock, she must have an insurable interest in the property that exists
A) at any time.
B) at the time a policy is obtained.
C) at the time a loss occurs.
D) continuously from the time a policy is obtained to the time a loss occurs.
Correct Answer:
Verified
Q22: Erte applies for,and obtains,casualty insurance coverage from
Q24: Chocolate Gourmet Company obtains an insurance policy
Q29: Mila,who captains a commercial fishing boat,obtains a
Q32: Regular Business,Inc.(RBI),obtains a fire insurance policy from
Q49: Reno is the beneficiary of a life
Q50: Dale and Ernie are partners who own
Q53: Feta is a partner in the software
Q54: EZ Rentals Company wants to insure the
Q55: Infinite Sales Corporation obtains an insurance policy
Q59: Bret obtains a fire insurance policy on
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents