Question: Barbara buys a car but borrows funds from ABC Bank to purchase the car. Who has insurable interest in this case? ABC Bank only Barbara

Barbara buys a car but borrows funds from ABC Bank to purchase the car. Who has insurable interest in this case? ABC Bank only Barbara and ABC bank No one has insurable interest in this case. Barbara only best answer?

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ANSWER The insurable interest typically lies with the party who would suffer a financial lo... View full answer

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