Comprehensive and Detailed Step by Step Explanation:
Aninsurable interestexists when the policyholder benefits more from the insured’s life than their death.
Benefiting from the other person’s continued life (C):Correct. This applies to relationships where there is a legal, financial, or familial dependence.
Gaining economically by the death of the other person (A):Mischaracterizes insurable interest; financial gain from death without a legitimate relationship is unethical and illegal.
Continuing on good terms (B) and seeing the person survive (D):Do not constitute insurable interest under Maryland law.
Chosen Answer:
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