Author Question: Give some examples of an insurable interest.[br][br][b][color=red]Question ... (Read 76 times)

B · **on:** Jun 24, 2018

Give some examples of an insurable interest.

Question 2

Identify the case in which the Court of Appeals held that the employer had committed an unlawful employment practice under Section 703(a)(1 ) of the Act.
A) Trans World Airlines v. Harry
B) Atkinson Airlines v. Hudson
C) Starbucks Airlines v. Hardsen
D) Trans World Airlines v. Hardison

frejo · **Reply #1 on:** Jun 24, 2018

Answer to Question 1

The insured has an insurable interest in his or her life. A person has an insurable interest in the life of another when such a relationship exists between them that a reasonable expectation of benefit will be derived from the continued existence of the other person.
With respect to property, ownership is the clearest type of insurable interest, but an insurable interest also arises when the insured would suffer a monetary loss by the destruction of the property.

Answer to Question 2

D