Match the following terms with their definitions: ___ A. Insured ___ B. Insurer ___ C. Owner ___
Question:
___ A. Insured
___ B. Insurer
___ C. Owner
___ D. Beneficiary
___ E. Insurable interest
1. The person who issues the insurance policy
2. The person who receives the proceeds from the insurance policy
3. The person who takes out the policy would be harmed by the danger that she has insured against
4. The person who enters into the policy and pays the premiums
5. The person whose loss is the subject of an insurance policy
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Related Book For
Introduction To Business Law
ISBN: 9780324826999
3rd Edition
Authors: Jeff Rey F. Beatty, Susan S. Samuelson
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