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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:

STIs

Sexually Transmitted Infections, diseases that are passed from one person to another through sexual contact.

Asymptomatic

The condition of being without any noticeable symptoms even though an illness or disease is present.

HIV

Human Immunodeficiency Virus is a virus that attacks the immune system, which can lead to AIDS (Acquired Immunodeficiency Syndrome) if not treated.

Illicit Drugs

Substances whose production, sale, or use is prohibited by law, often associated with addictive properties and adverse health effects.

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