Q107
Which of the following is not correct with regards to insurable interest?
A.
Father taking out insurance policy on his son
B.
Spouses taking out insurance on one another
C.
Friends taking out insurance on one another
AnswerD.
Employer taking out insurance on employees
Answer: Option C
Solution
Answer: Option C
Solution:
Friends taking out insurance on one another is not correct with regards to insurable interest.