An Insured That Does Not Have an Insurable Interest in the Property

question 36

True/False

An insured that does not have an insurable interest in the property being insured is treated like a wager and it cannot be enforced.

---

Definitions:

Actors

Individuals who perform in stage plays, movies, television shows, or other productions, portraying characters.

Observers

Individuals who watch or notice something without directly participating in the action.

Private Thoughts

Thoughts that are not expressed verbally or shared with others, often personal or reflective in nature.

Talking

The act of engaging in spoken communication to convey messages, information, or express thoughts and emotions.