Question

Insurance

At a frat party, Jake mentions he's gonna go hang-gliding during Spring Break. Luke hears him and purchases a $100,000 life insurance policy on Jake's life. Jake dies on his trip. Luke files a claim for the $100,000 and the insurance company refuses to pay.

Will Luke win the $100,000?

Answer 1

Based on the information provided, it is unlikely that Luke will win the $100,000 from the insurance company.

Step-by-step explanation:

The answer to this question depends on the specific details of the insurance policy and the contract between Luke and the insurance company. However, based on the information provided, it is unlikely that Luke will win the $100,000. Life insurance policies typically require the policyholder to have an insurable interest in the life of the insured person. In this case, Luke purchasing a policy on Jake's life without consent or a valid insurable interest could be considered illegal or against the terms of the policy.