Whiz F Flashcards
Which of the following best describes the purpose of insuring agreement
To describe the coverage
A company promise to pay for damage caused by or resulting from any covered cause of loss would be found in which of the following sections of a policy
Insuring agreement
A risk where both profit and loss are possible is known as
Speculative
Which of the following is most likely to be undesirable
The purchasers of a new home wants to protect her self from possible drop in housing prices
A slippery floor is an example of
A physical hazard
When a short rate return premium apical
When the insurer cancels the policy
Which of the following statements is Chouette about an insured who wishes to cancel his or her policy
The insured may cancel the policy at any time
When a short rate return premium applicable
When the insured cancels the policy
Risk is best defined as
And uncertainty of lost
