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This question belongs to Commerce Insurance

Insurance

?

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 B) Rahul's pension fund value C) Sunny's annual profit D) There is no limit

Answer & Solution

Correct Answer: Option A

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.

Question posted by Examveda

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