An individual most likely will have an insurable interest in insuring a person’s life if

Insurance

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An individual most likely will have an insurable interest in insuring a person’s life if

Options

a) an economic interest exists for the continuance of the insured’s life
b) a financial interest exists at the time of insured’s death
c) there is any blood relationship with the insured
d) a business relationship exists

Answer: a) an economic interest exists for the continuance of the insured’s life

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