Author Question: Property insurance policies contain declarations, conditions, definitions, exclusions, and an ... (Read 37 times)

geoffrey · **on:** Jul 11, 2018

Property insurance policies contain declarations, conditions, definitions, exclusions, and an insuring agreement.

However, some policy terms, such as subrogation, cancellation, other insurance, and assignment do not fall into these categories. The part of an insurance contract in which these provisions can be found is the
A) endorsements.
B) binders.
C) conditions.
D) miscellaneous provisions.

Question 2

An insurance policy provision that specifies how a property loss will be settled if more than one property insurance policy covers the loss is the

A) insuring agreement provision.
B) loss settlement provision.
C) other insurance provision.
D) coinsurance provision.