Which of the following best describes the test for having an "insurable interest" in the thing insured?

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a

The insured must benefit from the continued existence of the thing insured.

b

The insured must be unaffected by the loss of the thing insured.

c

The insured must be unaffected by the continued existence of the thing insured.

d

The thing insured must be tangible and have the ability for interest to attach.