Which of the following is NOT an example of an insurable interest?

A) Person's interest in property she hopes that her uncle will leave to her in his will.

B) Person's interest in the improvements he has added to his leased apartment.

C) Person's interest in the home she owns.

D) Dry cleaner's interest in his customers' clothing in his custody, care, or control.

Answer: A

Principles of insurance

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Which of the following is NOT the purpose of HIPAA?
The pro rata liability clause is designed to protect the principle of
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Life insurance policies will normally pay for losses arising from
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Ambiguities in an insurance policy are always resolved in favor of the
In an insurance contract, the applicant's "consideration" is the
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The voluntary relinquishment of a legal right is called
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All of the following are examples of a Business Continuation Plan EXCEPT
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The pro rata liability clause is designed to protect the principle of
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Insurance represents the process of risk
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What is the purpose of establishing the target premium for a universal life policy?
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