For Property Insurance, an Insurable Interest Must Exist: _____

question 49

Multiple Choice

For property insurance, an insurable interest must exist: _____.

• A) at the time the policy is purchased.
• B) at the time of the loss.
• C) both at the time the policy is purchased and at the time the loss is sustained.
• D) for at least thirty (30) days before the loss is sustained.

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Definitions:

Ureter

A pair of muscular tubes that transport urine from the kidneys to the urinary bladder.

Renal Vein

The blood vessel that carries filtered blood away from the kidneys to the inferior vena cava, completing the blood's cleansing process.

Renal Artery

A blood vessel that supplies the kidneys with oxygenated blood from the heart.

Renal Pelvis

The central part of the kidney where urine collects before it flows into the ureter.