Question

In which types of insurance should insurable interest be present both at the time of taking the policy and at the time of loss?

a.

Life insurance

b.

General insurance

c.

Health and personal accident insurance

d.

Marine cargo insurance

Answer: (c).Health and personal accident insurance Explanation:In health and personal accident insurance, insurable interest should be present both at the time of taking the policy and at the time of loss.

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Q. In which types of insurance should insurable interest be present both at the time of taking the policy and at the time of loss?

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