Which of the following is an accurate statement regarding the insured's duty to disclose?
A) It applies only at the time of the application for insurance.
B) It applies to matters material to the risk.
C) It does not apply to life insurance.
D) A failure to disclose is a concern only if it is related to the cause of the loss.
Correct Answer:
Verified
Q6: Jasmine is discussing an alteration to her
Q10: Allowing people to insure property that they
Q16: What type of insurance would provide coverage
Q18: Jeremy leased a car from AstroCar Leases
Q19: Under which level of government jurisdiction do
Q25: What is the major distinction among the
Q26: Which of the following is a problem
Q28: What insurance concern is raised by the
Q39: Why must an insured avoid acknowledging liability
Q40: What is the purpose of directors and
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