Without an Insurable Interest,there Is No Enforceable Insurance Contract

question 22

True/False

Without an insurable interest,there is no enforceable insurance contract.

---

Definitions:

Self-Awareness

The conscious knowledge of one's own character, feelings, motives, and desires.

Emotional Development

The process by which individuals learn to understand and manage their emotions, which plays a crucial role in social interactions and personal growth.

Embarrassment

A feeling of self-consciousness, shame, or awkwardness that arises from an uncomfortable or socially awkward situation.

Fear of Strangers

A common developmental phase in infants and young children where they become anxious and fearful around unfamiliar individuals.