An Insurable Interest in Property Need Not Exist When a Policy

question 30

True/False

An insurable interest in property need not exist when a policy insuring against its damage or loss is purchased.

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Definitions:

Phylogeny

The evolutionary history and lineages of species or groups of species, typically represented as a tree diagram.

Eumetazoans

A major group within the animal kingdom that includes all multicellular animals except sponges, characterized by true tissues and organs.

Common Ancestor

A species or genetic lineage from which two or more descendant species or lineages have evolved.