question 3 of 60\nin life insurance policies, the beneficiary must have insurable interest in the insured\na…

question 3 of 60\nin life insurance policies, the beneficiary must have insurable interest in the insured\na never\nb when the policy is delivered\nc upon the insureds death\nd when the policy is issued

question 3 of 60\nin life insurance policies, the beneficiary must have insurable interest in the insured\na never\nb when the policy is delivered\nc upon the insureds death\nd when the policy is issued

Answer

Brief Explanations:

In life - insurance, the beneficiary must have an insurable interest in the insured when the policy is issued. This is to prevent gambling on lives and to ensure that the beneficiary has a legitimate stake in the continued well - being of the insured.

Answer:

D. When the policy is issued