Solved EPFO APFC Question
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Q · InsuranceMedium · 45s
Which insurance principle states that the insured must have a legal right in the subject matter?
TopicInsurance
Question Typemultiple choice
DifficultyMedium
Marking+1 / −0.25
Test Duration30 min
Step-by-Step Solution
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Without insurable interest, an insurance contract is void.
Final Answer: Option (B) Insurable Interest