Which of the following is present when an applicant stands to lose value if the insured dies?

Which of the following is present when an applicant stands to lose value if the insured dies?


A) Insurability
B) Offer and acceptance
C) Insurable interest
D) Consideration


Answer: C) Insurable interest

Popular posts from this blog

You are riding in Sarah's car when she fails to yield and causes an accident. Which of the following coverages would NOT pay for your injuries?