Belinda has a homeowner's insurance policy, which requires that she notify the insurance company within 30 days of any loss before she is eligible to receive payment for her loss.The notification requirement is a condition precedent to the insurance company's obligation to perform, even though the notification must occur subsequent to the loss.

Question

Quizplus · Accepted Answer

The statement accurately describes a condition precedent in Belinda's homeowner's insurance policy. She must notify the insurance company within 30 days after a loss occurs, and this notification requirement must be fulfilled before the insurance company is obligated to perform (i.e., pay for her loss).

Belinda Has a Homeowner's Insurance Policy, Which Requires That She