Greg and Christine took out a mortgage together to buy a house in Toronto. Christine has life insurance, from her company benefit plan at work, and Greg is the named beneficiary.Greg on the other hand, does not own life insurance and does not want to buy it. If Christine decides to buy a life insurance policy on Greg's life, pay the premium, and name herself the beneficiary.

What does she have to illustrate to the insurance company?

 

 

Answer rating: 100% (QA)

Christine would need to illustrate to the insurance company that she has an insurable interest in Gr... View the full answer