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30-05-2024
Law

Answered

Which of these arrangements allows one to bypass insurable interest laws?
Concealment
Indemnity contract
O Contract of adhesion
O Investor-Originated Life Insurance
8 of 34 Questions Remaining

Answer :

GinnyAnswer GinnyAnswer

30-05-2024

Final answer:

Concealment is one way to bypass insurable interest laws in insurance policies.

Explanation:

Concealment is an arrangement that allows one to bypass insurable interest laws in insurance policies. Insurable interest laws require that a person purchasing insurance must have a financial stake in the subject of the insurance policy. By concealing information about the true nature of the insurable interest, individuals can attempt to circumvent these laws.

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