Q62
Rahul is employed by Sunny. In respect of this employment, Rahul automatically has an insurable interest in Sunny’s life up to what limit, if any?
A.
Rahul's monthly salary
AnswerB.
Rahul's pension fund value
C.
Sunny's annual profit
D.
There is no limit
Answer: Option A
Solution
Answer: Option A
Solution:
Rahul is employed by Sunny. In respect of this employment, Rahul automatically has an insurable interest in Sunny’s life up to Rahul's monthly salary.