A Fire Insurance Policy Is Assignable Without the Insurer's Consent

question 12

True/False

A fire insurance policy is assignable without the insurer's consent because the policy "runs" with the insured property.

---

Definitions:

Living System

An organized group of biological structures demonstrating the characteristics of life, such as growth, reproduction, responsiveness, metabolism, and homeostasis.

Predictability

The extent to which future states or occurrences can be foreseen based on current knowledge and past patterns.

Population Increase

A rise in the number of individuals within a species or area over a specific period of time.

Environmental Resistance

The sum of environmental factors such as predators, disease, and competition that limit the growth, distribution, or size of populations.