If a Person Has an Insurable Interest in Property, Which

question 74

Multiple Choice

If a person has an insurable interest in property, which of the following is required for the person to collect the beneficiary payment when there is a loss?

• A) The person must have had an interest in the property at the time of the loss.
• B) The person must have had an interest in the property before the loss.
• C) The person must have had an interest in the property at anytime during coverage.
• D) The person must make a claim to the insurer within 14 days of the loss.
• E) The person must make a claim to the insurer within 30 days of the loss.

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