Insurable interest must exist between the policyowner and the insured
A) when the beneficiary collects the death benefit
B) at the time the contract is entered into
C) throughout the life of the contract
D) when the policyowner dies"
Ans: B) at the time the contract is entered into
You might also like to view...
Which of the following is true of a good marketing information system?
A) It focuses solely on maximizing the amount of data generated irrespective of relevance. B) It typically uses only external sources of data in marketing research. C) It balances the information that a firm would like to have against what they really need. D) It develops a way of offering information about future plans of action that might not be very feasible or cost-effective. E) It eliminates the time-consuming task of assessing the information needs of a firm.
Retailers are often sought after as acquisitions due to their significant hidden assets
Indicate whether the statement is true or false