The personal feature of property insurance contracts means that: * OA) subrogation always applies B) ambiguities in the wording will always be construed against the insurer OC) insurance contracts cannot be freely transferred to other parties D) the buyer of insurance must have insurable interest in property before the policy is issued

icon
Related questions
Question
The personal feature of property insurance contracts means that: *
A) subrogation always applies
B) ambiguities in the wording will always be construed against the insurer
C) insurance contracts cannot be freely transferred to other parties
D) the buyer of insurance must have insurable interest in property before the policy is
issued
Transcribed Image Text:The personal feature of property insurance contracts means that: * A) subrogation always applies B) ambiguities in the wording will always be construed against the insurer C) insurance contracts cannot be freely transferred to other parties D) the buyer of insurance must have insurable interest in property before the policy is issued
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps

Blurred answer
Knowledge Booster
Corporate Distributions and Adjustments
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, business-law and related others by exploring similar questions and additional content below.