For a Life Insurance, Insurable Interest Is Necessary at the Time

question 30

True/False

For a life insurance, insurable interest is necessary at the time of loss.

---

Definitions:

Store Aisle

A passageway between shelves and stands in a store, designed to facilitate the movement of customers and the display of products.

Sales Promotion Tool

A marketing strategy used to boost short-term consumer demand or stimulate market demand for a product or service.

Sweepstakes

A type of contest where winners are selected randomly from the pool of entries, often used by companies for promotional purposes.

Chevy Trucks

A brand and line of trucks and pickups manufactured by Chevrolet, known for their durability, performance, and utility.