Under a property policy, insurable interest must exist at which of the following times? when the policy is issued at the time of a loss at any time prior to a loss continuously through the policy period

Under a property policy, insurable interest must exist at which of the following times? when the policy is issued at the time of a loss at any time prior to a loss continuously through the policy period

CONCEPTS IN FED.TAX.,2020-W/ACCESS

20th Edition

ISBN:9780357110362

Author:Murphy

Publisher:Murphy

Chapter11: Property Dispositions

Section: Chapter Questions

Problem 6DQ

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Question

Under a property policy, insurable interest must exist at which of the following times?

when the policy is issued
at the time of a loss
at any time prior to a loss
continuously through the policy period

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