An individual most likely will have an insurable interest in insuring a person's life if
An individual most likely will have an insurable interest in insuring a person's life if
a) an economic interest exists for the continuance of the insured's life
b) a financial interest exists at the time of insured's death
c) there is any blood relationship with the insured
d) a business relationship exists
Answer: a) an economic interest exists for the continuance of the insured's life