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Which insurance principle indicates that only the person who might suffer financial ...
Classroom
Commerce Classroom
Neco
Neco 2002
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Which insurance principle indicates that only the person who might suffer financial loss will be allowed to take out insurance?
SchoolNGR Classroom
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
A
Indemnity
B
Insurable interest
C
Pooling of risks
D
Subrogation
E
Uberrimae tides
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Show Explanation
Correct Answer:
Option B
Explanation:
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