Select the answer that correctly explains what it means that Insurance contracts are personal.

• A) Insurance contracts require one primary insured to act as the first party in the transaction.

• B)Insurance contracts often involve sensitive or personal information that the insured may want to keep confidential.

• C)Insurance contracts insure people, not property, against loss. When property is transferred, the coverage must be transferred (assigned) to the new owner as well.

• D)When an insurer writes an insurance contract, they establish a personal relationship with the insured.

• E) Insurance contracts are personal contracts as opposed to commercial/business contracts.