It Is Possible to Have an Insurable Interest in Goods

question 81

True/False

It is possible to have an insurable interest in goods without having title to the goods.

---

Definitions:

Schizophrenic Disorder

A long-term mental disorder involving a breakdown in the relation between thought, emotion, and behavior, leading to faulty perception and inappropriate actions or feelings.

Bipolar Disorder

A mental health condition characterized by extreme mood swings including emotional highs (mania) and lows (depression).

Severe Depression

Severe depression is a mental health disorder characterized by intense and persistent feelings of sadness, hopelessness, and lack of interest or pleasure in activities, significantly impairing daily functioning.

Psychogenic Fugue

An uncommon mental disorder marked by temporary memory loss regarding one's own identity, encompassing recollections, character, and other features that define a person's individuality.