Which of the following situations constitutes an insurable interest?

Insurance

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Which of the following situations constitutes an insurable interest?

A) The policyowner must expect to suffer a loss when the insured dies or becomes disabled.

B) The policyowner must expect to benefit from the insured’s death.

C) The beneficiary, by definition, has an insurable interest in the insured.

D) The insured must have a personal or business relationship with the beneficiary.

Answer: A

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