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What is the primary reason behind the requirement for insurable interest in insurance contracts?a)To create intentional losses for financial gainsb)To allow anyone to insure anything they desirec)To prevent gaming and wagering in insuranced)To establish sentimental value in insurance contractsCorrect answer is option 'C'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about What is the primary reason behind the requirement for insurable interest in insurance contracts?a)To create intentional losses for financial gainsb)To allow anyone to insure anything they desirec)To prevent gaming and wagering in insuranced)To establish sentimental value in insurance contractsCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is the primary reason behind the requirement for insurable interest in insurance contracts?a)To create intentional losses for financial gainsb)To allow anyone to insure anything they desirec)To prevent gaming and wagering in insuranced)To establish sentimental value in insurance contractsCorrect answer is option 'C'. Can you explain this answer?.

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