Multiple Choice
The insurable interest requirement with regard to property insurance:
A) may be waived by a writing signed by the insured and insurer.
B) may be satisfied by a person other than the legal owner of the property.
C) must be satisfied at the time the policy is issued.
D) must be satisfied by the insured's legal title to the property at the time of loss.
Correct Answer:
Verified
Correct Answer:
Verified
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