It is necessary for insurance contracts to state that fraud will void the policy.
Correct Answer:
Verified
Q15: With coinsurance, the burden is placed on
Q16: It is common to exclude war loss
Q17: The problems of insuring business and personal
Q18: Some policies restrict coverage to specific geographic
Q19: The contents of a building are included
Q21: In case of loss, the insured has
Q22: An insured usually must provide a formal
Q23: Under an appraisal clause, an impartial umpire
Q24: An assignment is the transfer of the
Q25: Match the descriptions with their terms:
-The clause
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