Only Someone with an Insurable Interest Can Enter into an Insurance

question 71

True/False

Only someone with an insurable interest can enter into an insurance contract.

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Definitions:

Intervention Study

A research method involving the intentional action or treatment applied to study subjects to observe its effects, often used in medical and psychological studies.

Constructive

Serving a useful and positive purpose, often implying the building up or improvement of something.

Peer Relationships

The connections and interactions individuals have with their contemporaries or individuals of similar age, often influencing social development and behavior.

Healthy Communication

The process of exchanging information in a way that promotes mutual understanding, respect, and wellbeing among individuals.