In reference to life Insurance in contract law, a person MOST likely will have an insurable interest in insuring a person’s life If

In reference to life Insurance in contract law, a person MOST likely will have an insurable interest in insuring a person’s life If
A . the interest exists at the time of death.
B . the interest exists at the time of application.
C . any type of distant family relationship exists with the insured party.
D . any type of business relationship exists between the insured party and the beneficiary.

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Answer: B