IdeasCuriosas - Every Question Deserves an Answer Logo

In Business / College | 2025-07-08

In which of the following relationships would there NOT be an insurable interest?
A. Business owner to business customer
B. Parent to child
C. Business partner to business partner
D. Brother to sister

Asked by titus280

Answer (1)

Insurable interest is required in insurance to validate contracts. Among the relationships assessed, the one that does not have insurable interest is between a brother and sister. This is because emotional or familial connections do not suffice to establish the financial stake necessary for insurance. ;

Answered by GinnyAnswer | 2025-07-08