Florida Insurance Licensing 2025 – 400 Free Practice Questions to Pass the Exam

Question: 1 / 400

Who does NOT have 'insurable interest' in the described property?

The one who holds title to the property

One who inherits title to property under the terms of a will

One who attends a Mary Kay party at a friend's property

Insurable interest refers to having a financial or legal stake in the property in question. While all other options have some form of connection to the property, attending a party at a friend's property does not establish that kind of interest. A person attending a party does not hold legal or financial ownership of the property or its contents.

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A bank who holds a mortgage on a described property

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