Explain the meaning of an insurable interest

Assignment Help Finance Basics
Reference no: EM131047918

a. Explain the meaning of an insurable interest.
b. Why is an insurable interest required in every insurance contract?

Reference no: EM131047918

Questions Cloud

What is the role of a health care organizations board : "Strategic Planning and Management" Please respond to the following: Summarize the Strategic Planning Process. What is the role of a Health Care Organization's Board in this process?
Draft a letter in response to an email : This research question consists of a case study: You are a graduate accountant working for McKenzie and Associates a public accounting firm. The manager of your firm, Ms Maria McKenzie has asked you to draft a letter in response to an email receive..
Explain the principle of subrogation : a. Explain the principle of subrogation. b. Why is subrogation used?
Discuss any specific statistical results that would help : Compare your summary results from #1 and #2. Discuss any specific statistical results that would help a real estate agent understand the condominium market.
Explain the meaning of an insurable interest : a. Explain the meaning of an insurable interest.
How are the total energies at points a b and c related : 2 kg collar attached to a sprong and slides without friction in a vertical plane along the curved rod ABC .Show transcribed image text 2. A 2-kg collar is attached to a spring and slides without friction in a vertical plane along the curved rod AB..
Difference between leverage and coverage : PAF 9140 BUDGETING - What is the Mission Statement and why is it important and why do you need to present the budget and the cashflow projection?
What is a valued policy law : a. What is a valued policy? Why is it used? b. What is a valued policy law
Explain the principle of indemnity : a. Explain the principle of indemnity. b. How is actual cash value calculated?

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd