InterviewSolution
 Saved Bookmarks
    				| 1. | 
                                    Shubham has taken a loan from Saurabh against the security of his factory. Can Saurabh take a fire insurance policy of that factory ? | 
                            
| Answer» Yes, Saurabh ( the lender) can take a fire insurance policy of the factory though he is not its owner, because he has financial interest in the factory premises. (Principle of insurable interest) | |