Trina pays a premium to Unity Insurance Corporation for fire insurance against the loss of her Viewpoint Office Building.After Trina sells the building to Wade,it burns down.Under the policy,Unity must pay

Question

Quizplus · Accepted Answer

Once Trina sells the building to Wade, she no longer has an insurable interest in the property. Wade, as the new owner, would need to have his own insurance policy to claim for the loss.

Trina Pays a Premium to Unity Insurance Corporation for Fire