When there is an ambiguity in an insurance policy, the provision generally is interpreted against the insurance company.
Correct Answer:
Verified
Q16: An applicant for an insurance policy is
Q17: Businesses can not typically protect their financial
Q18: Federal law determines the status of all
Q19: Risk management is the transfer of certain
Q20: The person who receives the proceeds under
Q22: A binder provides temporary insurance coverage.
Q23: The insured can cancel a policy only
Q24: Reno is the beneficiary of a life
Q25: Property insurance cannot be canceled for nonpayment
Q26: Misstatements or misrepresentations in an application for
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