Although a vendor may assign his insurance coverage to a vendee, the assignment is not effective until the insurance company approves the assignment.

Name: Although a vendor may assign his insurance coverage to a vendee, the assignment is not effective until the insurance company approves the assignment.
Brand: Quizplus
Rating: 4.9 (49 reviews)

Question

Quizplus · Accepted Answer

The insurance company must approve the assignment of coverage from the vendor to the vendee for it to be effective.

Although a Vendor May Assign His Insurance Coverage to a Vendee