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BS
Question Practice

Under which condition is an insurable interest recognized?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 11
Business Studies
Business Studies
Business Services
Question Bank

Under which condition is an in...

Single Answer MCQ
Q-00064589

Under which condition is an insurable interest recognized?

1

Only when the loss is significant

2

At the time of purchasing the insurance policy

3

After a claim is filed

4

When the insured has no financial interest

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