Janet hit a wall causing a large dent in the fender of her car.She was busy at work and delayed reporting the damage to her insurer for 9 months.The insurer denied the claim,stating,"Although such a loss is usually covered,you are required under the terms of the contract to provide prompt notification in case of loss." The prompt notification requirement is an example of a(n)
A)declaration.
B)definition.
C)insuring agreement.
D)condition.

Question

Quizplus · Accepted Answer

The prompt notification requirement is a condition of the insurance contract, meaning that it is a necessary obligation that must be met in order to receive coverage under the policy.

Janet Hit a Wall Causing a Large Dent in the Fender