Tuesday, April 24, 2018

Insurance contracts Quiz

1.What is the term used to describe terminating the insurance relationship at the end of the policy period?
Cancellation Non renewal Seperation Exclusive

2.Which is the best example of an indirect loss?
Sequential Loss Liability Loss Employee Theft Loss of Use

3.Which is a two party contract?
Property Casualty Liability Auto

4.Insurance contracts offset
speculative risk pure risk gambling created risk

5.Which of the following is a third party contract?
Property Casualty Earthquake Theft

1 comment:

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