Which of the following is true about insurable interest regarding property insurance?
A) The insurable interest in the property must exist at the time there is a loss.
B) The insurable interest in the property must exist at the time of the policy issuance.
C) A party has an insurable interest in any item for which the party can establish a value.
D) Only one party can have an insurable interest in the same item at the same time.
E) Both A and C
A
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