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Question: Insurable interest means ________ interest.

Options:

  1.  Individual
  2.  Social
  3.  Monetary
  4.  All of these

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3. Monetary

Insurable interest means monetary interest.


More information:

Insurable interest means monetary interest from the insurance.

Insurable interest exists when an insured person derives a financial or other kind of benefit from his/her continuous existence.

A person receives a financial benefits.

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