The insured can cancel a policy only under certain circumstances.
Correct Answer:
Verified
Q18: Federal law determines the status of all
Q19: Risk management is the transfer of certain
Q20: The person who receives the proceeds under
Q21: When there is an ambiguity in an
Q22: A binder provides temporary insurance coverage.
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Q25: Property insurance cannot be canceled for nonpayment
Q26: Misstatements or misrepresentations in an application for
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Q28: Comprehensive general liability insurance can encompass as
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