The right to effect a contract of insurance on the life o...
The right to effect a contract of insurance on the life of a debtor by the creditor is?
utmost good faith
proximate cause
insurable interest
contribution
Correct answer is C
Insurable interest is an essential requirement for issuing an insurance policy which makes the entity or event legal, valid and protected against intentionally harmful acts. People not subject to financial loss do not have an insurable interest.
insurers requesting for membership of Nigeria Insurers Association is required by law to? (i) hav...
Which of the following conditions must be met before an insurer is under obligation to pay claim ...
one of the duties of a loss adjustor is ...
The policy of insurance is signed by the? ...
information required in a proposal form for employer's liability is insurance include ...
A life policy holder enjoy days of grace ...