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:

Gathering Information

the process of collecting data or facts to enhance understanding or make informed decisions.

Preferences

Individual likes or choices, often reflecting a person's values or desired outcomes.

Priorities

The determination of the order for dealing with tasks, items, or concepts according to their relative importance.

First Impressions

The initial perception or judgment formed about someone or something upon the first encounter.