Exam (elaborations)
Property and Casualty Insurance Basics – Louisiana Correct Questions & Answers 2023
- Module
- Institution
Insurable Interest - 3 Elements - ANSWERS1.) 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 - ANSWERSThe individual(s) whose name appears on the policy's declaration. First Na...
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