When is it essential for insurable interest to be present in case of l – McqOptions

MCQOPTIONS

1.	When is it essential for insurable interest to be present in case of life insurance?
A.	t the time of taking out insurance
B.	t the time of claim
C.	nsurable interest is not required in case of life insurance
D.	ither at time of policy purchase or at the time of claim
Answer» B. t the time of claim

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