Question

explain the principal of insurable interest ?​

Answer 1

Answer:

Insurable interest is a type of investment that protects anything subject to a financial loss. A person or entity has an insurable interest in an item, event or action when the damage or loss of the object would cause a financial loss or other hardships.

Explanation:

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Answer 2

Question:

Explain the Principal of Insurable Interest ?

Answer:

Principal of Insurable Interest :-

• Insurable interest is a type of investment that protects anything subject to a financial loss.
• A person or entity has an insurable interest in an item, event or action when the damage or loss of the object would cause a financial loss or other hardships.

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