IIQE Paper 3 Practice Questions - IIQE Paper III - Long Term Insurance Examination Exam

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An individual has an insurable interest in their own life. Up to what financial limit is this insurable interest deemed to exist under Hong Kong law?

Up to the individual's annual salary multiplied by ten Up to a maximum limit of HK$10,000,000 An unlimited amount Up to the net asset value of the individual's total estate

Correct Answer:

An unlimited amount

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