A condition precedent to an insurance contract is the
A.
extent of the cover granted
B.
right to cancel the insurance contract
C.
right to take possession of damaged property
D.
existence of the subject matter of insurance
Correct answer is D
Contract Subject matter of insurance is the life, limbs, property, rights or any potential legal liability insured under a policy.Subject matter of contract is the insured's financial interest in the subject matter of insurance.
