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PA Insurance Laws and Rules - Study guides, Class notes & Summaries

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Pennsylvania Insurance Laws and Rules (Life Code) Review Questions and Correct Answers

  • Exam (elaborations)

    Pennsylvania Insurance Laws and Rules (Life Code) Review Questions and Correct Answers

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    8
    October 2024
    2024/2025
    A+
  • All of the following would be defined as having an insurable interest EXCEPT - a son in his father. - a wife in a husband. - a friend in a longtime friend. - an employer in a key employee. - a friend in a longtime friend. An insurable interest is defined as an interest resulting from love and affection, in the case of persons related by blood or marriage; or an economic interest in having the insured's life continue, and not arising only upon the insured's death, in the case of all other...
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