asap

An interest that the insured must have in the subject matter of the insurance purchased so that if the event insured against occurs, the insured will suffer a physical loss. An interest that the insured sometimes has in the subject matter of the insurance purchased so that if the event insured against occurs, the insured will suffer an economic loss. An interest that the insured must have in the subject matter of the insurance purchased so that if the event insured against occurs, the insured will suffer an economic loss. An interest that the insured should have in the subject matter of the insurance purchased so that if the event insured against occurs, the insured will suffer an economic loss. Which of the following are key elements of a policy of insurance? Select all that apply. The subject matter of insurance The insured's mothers maiden name The name of the insured The address of the insured's work location Question 22 (1 point) Property insurance is First-party insurance that indemnifies the owner or user of property for its loss, when the loss or damage is caused by any peril. First-party insurance that indemnifies the owner or user of property for its loss, when the loss or damage is caused by a covered peril. Third-party insurance that indemnifies the owner or user of property for its loss, when the loss or damage is caused by a covered peril. Question 23 (1 point) Michael and Jenny own a home and live there with Cindy who is their 24 year old child. Lloyd also lives there, he is Michaels 72 year old father. The basement apartment is occupied by Sara, Cindy's childhood friend who is going through a nasty divorce and permanently moved in. Select all the people who are insured under the homeowners policy. Sara Michael and Jenny Lloyd A warranty is: Statement or stipulation or promise in an insurance contract, the breach of which may fulfill the contract requirements. Statement or stipulation or action in an insurance contract, the breach of which may nullify the contract. Statement or stipulation or promise in an insurance contract, the breach of which may nullify the contract. Question 25 (1 point) When is the loss payable to the insured? Within 90 days after the insured has properly completed the proof of loss and submitted to the insurer. Within 60 days after the insured has properly submitted the claim to the insurer. Question 26 (1 point) Vida is a homeowner that has a policy with ABC Insurance for her house. Vida's house suffers water damage and she notifies ABC Insurance immediately and calls out XYZ Restoration to assist her with the cleanup and presenting her claim to ABC Insurance. When the adjuster speaks with Vida, which of the following pieces of information are they allowed to request per the statutory condition? List of undamaged property List of all the neighbors that suffered the same loss How and why the loss occurred A signed court affidavit that they are not committing fraud