Ask a Question

What is insurable interest explain with example?

← Prev Question Next Question →
+1 vote
131 views
in Insurance by (82.5k points)
What is insurable interest explain with example?

I want to ask this question from Insurance topic

I got this question during an internship interview.

Other related questions to my question are:-

What is insurable interest explain with example?

What do you mean by an insurable interest?

Which is a typical example of insurable interest?

What is insurable interest class 11th?

1 Answer

+1 vote
by (393k points)
selected by
 
Best answer
Correct answer is: Insurable interest insures against the prospect of a loss to this person or entity. For example, a corporation may have an insurable interest in the chief executive officer (CEO), and an American football team may have an insurable interest in a star, franchise quarterback.

The title of my answer can be Insurable Interest Definition

The reference of my answer is Investopedia

Related questions

+1 vote
1 answer
What do you mean by insurable interest Class 11?
asked Feb 27, 2022 in Insurance by Jefem (82.5k points)
+1 vote
1 answer
What is insurable interest in short term insurance?
asked Feb 27, 2022 in Insurance by Jefem (82.5k points)
+1 vote
1 answer
What is the meaning of insurable interest Class 11?
asked Feb 27, 2022 in Insurance by Jefem (82.5k points)
+1 vote
1 answer
What is insurable risk and uninsurable risk?
asked Feb 27, 2022 in Insurance by Jefem (82.5k points)
+1 vote
1 answer
What are the 7 principles of insurance explain?
asked Feb 26, 2022 in Insurance by Jefem (82.5k points)
Welcome to TalkJarvis QnA, a question-answer community website for the people by the people. On TalkJarvis QnA you can ask your doubts, curiosity, questions and whatever going in your mind either related to studies or others. Experts and people from different fields will answer.

Most popular tags

biology – class 12 biology – class 11 construction & building materials chemistry – class 12 electronic devices & circuits network theory data structures & algorithms ii cell biology ic engine insurance finance money computational fluid dynamics engineering physics i discrete mathematics chemistry – class 11 aerodynamics casting-forming-welding i engineering mathematics operating system casting-forming-welding ii engineering drawing mysql engineering geology digital circuits wireless mobile energy management electrical measurements digital communications cyber security analytical instrumentation embedded systems electric drives cytogenetics advanced machining computer fundamentals life sciences basic civil engineering iot design of electrical machines physics – class 12 applied chemistry dairy engineering basic chemical engineering cloud computing microprocessor bioinformatics aircraft design aircraft maintenance software engineering drug biotechnology digital signal processing biochemistry data structures & algorithms i automotive engine design avionics engineering material & metallurgy energy engineering cognitive radio unix electrical machines biomedical instrumentation object oriented programming electromagnetic theory power electronics analog communications bioprocess engineering civil engineering drawing engineering metrology physics – class 11 mathematics – class 12 engineering chemistry i basic electrical engineering unit processes mongodb signals and systems cryptograph & network security hadoop mathematics – class 11 engineering physics ii html control systems engineering mechanics antennas analog circuits computer network java sql server javascript concrete technology chemical process calculation artificial intelligence design of steel structures c++ database management computer architecture engineering chemistry ii corrosion engineering chemical technology dc machines
Powered by TalkJarvis
...