Under the provisions of the Standard Fire Policy,assignment is:
A)specifically prohibited
B)permitted, but requires an additional premium
C)not mentioned
D)valid only with the written consent of the company

Question

Quizplus · Accepted Answer

Under the Standard Fire Policy, assignment is only valid with the written consent of the insurance company. This means that the policyholder cannot simply transfer their insurance policy to another person or entity without getting permission from the insurer first.

Under the Provisions of the Standard Fire Policy,assignment Is