INS 313 Theory Questions: Insurable Interest and Group Health Insurance

300 Level  Department of Insurance exam questions and detailed answers. Download the answers in document format. Correct, detailed, and straightforward answers.

Questions:

a) Give reasons why insurable interest need only exist at the beginning of a life assurance contract.
b) Highlight conditions under which cover might be granted to members of a group under a permanent health insurance policy without carrying out medical examination.

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