How does an insurance company fully perform on an insurance contract?
A) Pay out the amount specified in the contract with an event occurs
B) Accept the insured premium payment
C) Notify the State of the contract
D) File the insurance contract with the court
Correct Answer:
Verified
Q21: Which of the following is true of
Q22: Sarah entered into an auto insurance contract
Q26: When a party with the power to
Q32: Which of the following agreements provides a
Q34: When does an insurer's contractual obligations to
Q35: What is the express term in the
Q38: The difference between a wagering contract and
Q46: West is seeking to collect on a
Q51: The extent of a person's insurable interest
Q67: An insurer's "duty to defend" the insured
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