Insurable Interest Means That the Insured Must Have a Personal

question 60

True/False

Insurable interest means that the insured must have a personal stake or interest in whatever is being insured and can only claim on the insurance to the extent of the value of that interest.

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Definitions:

Personality Type

A classification of individuals according to their psychological characteristics, often used in assessing behavior patterns and tendencies.

Prospect Pool

A group or database of potential customers who might be interested in a company's product or service.

Sales Lead Clubs

Groups or networks of individuals or businesses that exchange leads or referrals to help each other gain more customers.

Prospect Pool

The group of potential customers or clients who may be interested in a company's products or services.