Westonci.ca is your go-to source for answers, with a community ready to provide accurate and timely information. Experience the convenience of finding accurate answers to your questions from knowledgeable experts on our platform. Join our platform to connect with experts ready to provide precise answers to your questions in different areas.
Sagot :
The examples of insurable interest is an employer under certain arrangements.
Insurable interest is a investment that protects anything subject to a financial loss. A person or entity has an insurable interest in an item, event, or action when the damage or loss of the object would cause a financial loss or other hardshapes. In order to have an insurable interest a person or entity would take out an insurance policy protecting the person,item, or event in question. The insurance policy is able to mitigate the risk of loss if something happens to the asset-like becoming damaged or lost.
Examples of insurable interest are:
- Yourself
- Your spouse or former spouse
- Your children or grandchildren
- A special needs adult child
- An aging parent
- An employer (under arrangements)
Hence the examples of insurable interest is an employer under certain arrangements.
Learn more about insurable interest at https://brainly.com/question/13958989
#SPJ1
Thank you for visiting our platform. We hope you found the answers you were looking for. Come back anytime you need more information. We appreciate your time. Please come back anytime for the latest information and answers to your questions. We're glad you visited Westonci.ca. Return anytime for updated answers from our knowledgeable team.
