O-LevelCommerceInsurance7100/12 · Oct/Nov 2016 · Q291 Mark

In which circumstance is insurable interest present?

Afootball fan insuring the life of his club's star player

Bhomeowner insuring the house that she owns

Cperson insuring a car she has borrowed from her friend

Dworker insuring the life of the owner of his company

✓ Correct answer

B: homeowner insuring the house that she owns

Oracle Prep sorts past-paper questions by topic, so you can drill Insurance and see which topics are most likely to come up next.

Topic: Insurance, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source: O-Level Commerce, Oct/Nov 2016 Paper 1 Variant 2, question 29.

Questions and mark schemes are from past examination papers and remain the copyright of the exam board. How Oracle Prep builds its content