Define the Term "Insurable Interest" and State the Effect on the Insured

question 35

Essay

Define the term "insurable interest" and state the effect on the insured where he or she does not have an insurable interest.

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Definitions:

Public Health Agency

An organization that focuses on protecting and improving the health of populations by carrying out disease prevention, health education, and policy advocacy.

Spanking

A form of punishment involving hitting the buttocks with an open hand, typically used to discipline children.

Long-term Negative Outcomes

Adverse effects or disadvantages that persist over an extended period as a result of specific actions or conditions.

Children

Young human beings below the age of puberty or below the legal age of majority.