What Is the Purpose of the Requirement of an Insurable

question 48

Multiple Choice

What is the purpose of the requirement of an insurable interest?

• A) to ensure that property may only be insured by its owner
• B) to discourage an insured from intentionally destroying property in order to make an insurance claim
• C) to prevent insureds from underinsuring their property
• D) to permit the insurer to recover from the wrongdoer

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A marketing strategy that highlights the unique features, benefits, or advantages of a product or service, setting it apart from competitors.

USP

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