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O-LevelCommerceInsurance7100/12 · May/June 2022 · Q281 Mark

Which insurance principle explains why a person has no right to insure a neighbour's house?

Aindemnity
Binsurable interest
Cpooling of risk
Dutmost good faith

✓ Correct answer

B: insurable interest

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About this question

Topic
Insurance, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source
O-Level Commerce, May/June 2022 Paper 1 Variant 2, question 28.

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