In an insurance policy, it states that the "insurer promises to pay…." This general description of the insurer's promises is the essence of:
A) an insuring clause.
B) the conditions of a policy.
C) the exclusions of a policy.
D) an endorsement.
E) a rider.
Correct Answer:
Verified
Q19: All insurance policies specify the period of
Q20: A binder cannot be oral because it
Q21: Which of the following statements is true
Q22: In property/casualty insurance, an agent who has
Q23: Perpetual insurance policies remain in force:
A)until canceled
Q25: If a peril is not listed in
Q26: Which of the following sections is generally
Q27: These are statements that identify the person(s)
Q28: With cancelable policies, the insurer is responsible
Q29: Identify the policy that covers losses caused
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