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Even Massive Geological Events and Mass Extinctions Did Not Wreak

question 56

Multiple Choice

Even massive geological events and mass extinctions did not wreak the havoc that may result from  modern human


Definitions:

Insurable Interest

A requirement that a person seeking to take out an insurance policy on something or someone must have a vested interest that would result in financial loss if the insured event occurs.

Property Insurance Policy

A contract that provides financial reimbursement to the owner or renter of a structure and its contents in case of damage or theft.

Time Of Loss

Refers to the specific date and time an event occurred which results in an insurance claim.

Insurable Interest

The stake or financial interest that an individual or entity has in the subject matter of an insurance policy, which must exist at the time of loss for the insurance claim to be valid.

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