To Collect for Damage, the Insured Must Have an Insurable

question 23

Multiple Choice

To collect for damage, the insured must have an insurable interest

• A) at the time the application is filed.
• B) at the time the policy is issued.
• C) at the time the loss occurs.
• D) all of these.

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Definitions:

Negotiator's Opinions

The personal beliefs or views held by a negotiator that influence their approach and decisions in negotiation.

Holding Accountable

Holding accountable involves assigning responsibility to an individual or group for their actions and ensuring they face consequences for those actions.

External Specialists

Professionals or experts who are not part of an organization but are consulted for their specialized knowledge or skills.

Observers

Individuals who watch or monitor events or behaviors without directly participating.