Which insurance principle indicates that only the person who might suffer financial loss will be…

Which insurance principle indicates that only the person who might suffer financial loss will be allowed to take out insurance?
  • A.
    indemnity
  • B.
    insurable interest
  • C.
    pooling of risks
  • D.
    subrogation
  • E.
    uberrimae tides
Correct Answer: Option B
Explanation
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