Question
a.
A person can have unlimited insurable interest in his own life
b.
A person's insurable interest in his own life is limited to the value of his financial responsibilities like children's education and marriage expenses.
c.
A person's insurable interest in his own life is I imited to the value of his financial liabilities like home loans and other loans.
d.
No insurable interest
Posted under IC22 Life Insurance Underwriting
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Q. How much is the insurable interest that a person can have in his own life?
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