A insured person will generally collect on his insurance policy when:
A) he caused the event
B) the event was outside his control
C) the event affected everybody else also, for example a war
D) the event was statistically dependent upon his actions

Question

Quizplus · Accepted Answer

Insurance policies are designed to provide financial protection for events that are outside of the insured's control, such as accidents, natural disasters, and illnesses. If the insured caused the event or if the event was statistically dependent upon his actions, the insurer may deny the claim or cancel the policy. War or catastrophic events affecting everyone are also not covered by most insurance policies.

A Insured Person Will Generally Collect on His Insurance Policy