This section of the insurance contract enumerates the duties of the parties to the contract and, in some cases, defines the terms used.Identify this element of the insurance contract.
A) Conditions
B) Endorsements and riders
C) Exclusions
D) Declarations
E) Insuring clauses
Correct Answer:
Verified
Q40: In most states, an oral binder is
Q41: Which of the following statements is true
Q42: A waiver of premium rider increases the
Q43: Nonphysical injury to a person, including damage
Q44: Some organizations choose to continue operating following
Q46: Whether the policy is open-perils or named-perils,
Q47: Consequential losses are also known as:
A)direct losses.
B)accidental
Q48: Two factors influence the granting of binding
Q49: The 1992 Chicago flood required that Marshall
Q50: Differentiate between conditional and binding receipts.
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