If an insured does not have an insurable interest in the property being insured, the contract is treated as a wager
Indicate whether the statement is true or false
TRUE
Business
You might also like to view...
In the context of medical malpractice, what is a "never event"?
A) A medical condition that despite the best screening and technology cannot be detected. B) A pandemic that quickly spreads and infects many people. C) A medical error that should never occur. D) An event for which doctors and medical facilities cannot be held legally responsible.
Business
Can you teach integrity?
What will be an ideal response?
Business