Question

Who should have an insurable interest in the life of the insured?

a.

Policy beneficiary

b.

Insurance agent

c.

Insurance company

d.

None of the above

Posted under IC22 Life Insurance Underwriting

Answer: (a).Policy beneficiary Explanation:Policy beneficiary should have an insurable interest in the life of the insured.

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Q. Who should have an insurable interest in the life of the insured?
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