In Property Insurance, to Collect for a Loss, Insurable Interest

question 78

Multiple Choice

In property insurance, to collect for a loss, insurable interest must exist:

• A) at the beginning of the contract
• B) at all times
• C) when the insurer waives it
• D) at the time of the loss

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Definitions:

Punish Acts

Involves imposing consequences or penalties for behavior deemed unacceptable or wrong.

Instrumental Aggression

Behavior aimed at achieving a specific goal, often involving harm or injury toward others as a means to an end.

Hostile Aggression

Aggressive behavior that is driven by anger or the intention to harm someone else.

Relational Aggression

A type of aggression that involves damaging someone's relationships or social status, rather than physical violence.