823. Which of the following is not correct with regards to insurable interest?

By Administrator / August 24, 2025

Father taking out insurance policy on his son

Spouses taking out insurance on one another

Friends taking out insurance on one another

Employer taking out insurance on employees

✅ The correct answer is C.
Friends taking out insurance on one another is not correct with regards to insurable interest.

822. ___________ Layout is based on the sequence of work.

824. Current option is Rs 800 and current value of stock in portfolio is Rs 1900 then present value of portfolio would be

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