An insurance contract is not considered to be a legalized form of gambling because:
a. insurance contracts are underwritten by reputable companies.
b. All of these answers.
c. insurance activities are regulated by the state department of insurance.
d. one must have an insurable interest in the person being insured.
Answer: D
If the answers is incorrect or not given, you can answer the above question in the comment box. If the answers is incorrect or not given, you can answer the above question in the comment box.