The party agreeing to compensate a person for a certain loss is known as the _____.
A) policyholder
B) beneficiary
C) insurer
D) insured
Correct Answer:
Verified
Q4: A creditor has insurable interest in the
Q5: A company in which policyholders are the
Q6: An oral or written misstatement of a
Q9: Which of the following best defines subrogation?
A)
Q10: A partner does not have an insurable
Q12: Untrue statements or unfulfilled promises by the
Q16: James mortgaged his house and received a
Q17: A willful failure to disclose pertinent information
Q18: Either party to an insurance contract may
Q19: A "binder" on an insurance policy is
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