1) Anyone who would suffer a(n) loss from the destruction of personal property has an insurable interest in that property.
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video: https://abcnews.go.com/GMA/video/credit-cards-provide-hidden-benefits-28369356

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1) Anyone who would suffer a(n) loss from the destruction of personal property has
an insurable interest in that property. indirect wagered non-financial emtional pecuniary

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2) Two of the hidden credit card "perks" referred to in the Video are cell phone
replacement and rental car . discounts insurance rebates services sales

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3) Suppose that a credit card holder with card-related rental car insurance is driving the
rental just outside of Denver, Colorado when a severe hail storm occurs, causing
serious damage to the car. Which portion of the card-related rental car insurance
might cover damage to the car resulting from hail? ° no-fault
o liability
. comprehensive
o collision
° underinsured

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4) In the video,Jason Oxman, CEO of Electronic Transaction Association, refers to the fact
that some credit card car rental insurance programs do not cover particular types of
cars and trucks. According to the text, this is referred to as a(n) coverage. indemnification of exclusion form rescission of variance from subrogation of

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5) Suppose that a credit card holder transfers ownership of his cell phone to his sister,
who soon thereafter drops the phone in water and destroys it. Even if the credit card
holder has credit card-related cell phone replacement insurance, he would most likely
not be able to recover the value ofthe phone, since he did not have a(n) _ interest
in the phone. joint tenancy insurable fee simple absolute tenancy in common life estate

Top Answer

5). Best option; b. Insurable interest. Explanation; Person who wishes to recover the value of a damaged or otherwise lost... View the full answer

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