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36 One of your clients would like to discuss the finer points of life and property insurance. You explain that these two different types of

36 One of your clients would like to discuss the finer points of life and property insurance. You explain that these two different types of insurance have different features. Which of the following statements is true? a) A life insurance policy is a contract of indemnity. Ob) An insurable interest is not required at the time a life insurance contract is formed. O c) Subrogation does not apply to life insurance policies. O d) All of the above are true.
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One of your clients would like to discuss the finer points of life and property insurance. You explain that these two different types of insurance have different features. Which of the following statements is true? a) A life insurance policy is a contract of indemnity. b) An insurable interest is not required at the time a life insurance contract is formed. c) Subrogation does not apply to life insurance policies

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