7. Mr A purchase an insurance policy on the house of an unrelated person B. As per agreement between A and B, when there is loss of property of B, the insurance claim shall be received by A. What is correct course of action from the following? Select one: a. None of the above b. Compensation from insurance company shall be distributed between A and B c. A has paid the premium and carries the right to receive compensation-even if insurable interest is missing d. Insurance is an indemnity contract and not meant for making profit, hence, A cannot receive the insurance claim