Question: Which person(s) below has/have valid insurable interest(s)? ( may be more than one answer) a. A contractor building a house (on someone's land) buys insurance

Which person(s) below has/have valid "insurable interest(s)?" (may be more than one answer)

a. A contractor building a house (on someone's land) buys insurance on the house.

b. Bank buys insurance on car that belongs to customer who is not paying car loan.

c. Corporation buys a life insurance policy on their CEO.

d. None of the circumstances listed above (A,B, or C) have a valid insurable interest

e. Only A and C are valid insurable interests

f. Definitely C if there is an employment contract with the CEO.

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