Exam (elaborations)
Property and Casualty Insurance Basics Test Questions and Correct Answers- Louisiana
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- Institution
Insurable Interest - 3 Elements 1.) Financial (a monetary interest) 2.) Blood (a relative) 3.) Business (a business partner) **Insurable interest must exist at the time of the loss. Named Insured The individual(s) whose name appears on the policy's declaration. First Name Insured The individual ...
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