In order for a person to collect from a life insurance policy, the beneficiary who purchases...

In order for a person to collect from a life insurance policy, the beneficiary who purchases the policy must have ___________ in the life of the insured.

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Question=In order for a person to collect from a life insurance policy, the beneficiary who purchases the policy must have ___________ in the life of the insured.

Answer- insurable interest or financial dependency

Reason= insurable interest or financial dependency indicates that the loss of life of the insured person would result in the financial loss

keosha answered 1 year ago

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