With Property Insurance, an Insurable Interest Need Only Exist at the Time

question 22

True/False

With property insurance, an insurable interest need only exist at the time the coverage is purchased.

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Definitions:

Adolescent Years

A developmental phase following childhood, typified by puberty, a search for identity, and increased autonomy, usually ranging from ages 13 to 19.

Zone of Proximal Development

A concept in developmental psychology referring to the difference between what a learner can do without help and what they can achieve with guidance and encouragement from a skilled partner.

Preschool Children

Refers to young children, typically ages 3 to 5, who are in the early childhood phase, prior to entering kindergarten.

Cognitive Development

This refers to the growth and change in mental skills and functions throughout a person's life.