To Collect on Property Insurance, an Insurable Interest in the Property

question 44

True/False

To collect on property insurance, an insurable interest in the property must exist at the time that the loss is suffered.

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Definitions:

Parents' Reports

Parents' Reports are subjective assessments or information provided by parents regarding the health, behavior, or development of their children.

Teachers' Reports

Observations and assessments made by educators regarding a student's academic performance, behavior, and social interaction in a school setting.

Pharmacological Treatment

The use of drugs and medications to manage or cure diseases and conditions, including mental health disorders.

Childhood GAD

Generalized Anxiety Disorder in children, characterized by excessive worry about various aspects of life, such as performance in school or the safety of loved ones, which is persistent and not limited to specific situations.