When must insurable interest exist to be enforceable in most property losses?

When must insurable interest exist to be enforceable in most property losses?

• A. It must exist at policy inception (and, for many property losses, at the time of loss) to be enforceable.
• B. Only at the time of loss.
• C. Only after a loss occurs.
• D. It is not required for enforceability.

Answer: (B)