With respect to property insurance, the insurable interest requirement a. Need only be satisfied at the time
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With respect to property insurance, the insurable interest requirement
a. Need only be satisfied at the time the policy is issued
b. Must be satisfied both at the time the policy is issued and at the time of the loss
c. Will be satisfied only if the insured owns the property in fee simple absolute
d. Will be satisfied by an insured who possesses a leasehold interest in the property AppendixLO1
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Related Book For
Anderson's Business Law And The Legal Environment
ISBN: 9780324638189
20th Edition
Authors: David P Twomey, Marianne M Jennings, Ivan Fox
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