Ross applies for a life insurance policy with Secure Insurance Company. The consideration Ross pays to the insurer is
A) a premium.
B) a pool .
C) a policy.
D) proceeds.
Correct Answer:
Verified
Q18: An insurance contract is called a premium
Q19: When a broker deals with an applicant
Q20: A filled-in application for insurance is usually
Q21: Bram applies for a homeowners' insurance policy
Q22: Incontestability clauses prevent the insurer from asserting
Q24: The insurer can cancel a policy only
Q25: Insurance protection may compensate for
A) the injury
Q26: State statutes commonly require that life and
Q27: An insurer does not have a duty
Q33: An insurance company can raise as a
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents