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How would we define insurable interest …

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How would we define insurable interest in easy words ...???

    • Posted by Shourya Yadav 4 years ago

    CBSE > Class 11 > Business Studies
    • 2 answers

    Shourya Yadav 3 years, 11 months ago

    Thnx..?

    1Thank You

    Harshita Dhariwal 3 years, 11 months ago

    Reasonable concern of a person to obtain insurance for any individual.... U can understand it as.. Lets suppose the head of the family took the insurance policy... Soo he will took the insurance policy for his family members but not for any stranger... Just bcoz he have insurable interst in it... He is concerned about his family

    1Thank You

    ANSWER
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