Question

Who has insurable interest in the life of employees in a company?

a.

The employees themselves

b.

The company

c.

The insurance company

d.

The policy beneficiary

Posted under IC22 Life Insurance Underwriting

Answer: (b).The company Explanation:An employer has insurable interest in the life of the employees; the company has insurable interest in the life of the keyman, and partners have insurable interest in each other's lives.

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Q. Who has insurable interest in the life of employees in a company?
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