EXCLUSIONS Flashcards
Features of an insurance policy stating that the policy will not cover certain risks
Exclusion
Policy will be boarded and no benefit will be paid if the insured commit suicide within two years from policy insurance
Suicide clause
Insurer will not pay the claim if the insured dies or is injured due to involvement with Aviation
Aviation
If you’re will not pay the claim if it is sure die or is injured while and active military service are due to an act of War
War of military service
If the insured i r is injured while committing a crime of participating in an illegal occupation that is your will not pay the claim
Commitment of a felony illegal occupation
Insured dies or is injured as a result of alcohol or narcotics the insurer would not pay the claim
Alcohol narcotics
If the insured dies or is injured as a result of a hazardous occupation or hobby the insurer will not pay the claim
Hazardous occupation or Hobby