Once an insurer has accepted a risk, and an event occurs that gives rise to a claim, the insurer has a duty to investigate to determine the facts.

Name: Once an insurer has accepted a risk, and an event occurs that gives rise to a claim, the insurer has a duty to investigate to determine the facts.
Brand: Quizplus
Rating: 4.9 (51 reviews)

Question

Quizplus · Accepted Answer

Insurers have a duty to investigate claims to determine the validity of the claim and the extent of their liability under the policy terms.

Once an Insurer Has Accepted a Risk, and an Event