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Author Question: One of the reasons that deductible are used in insurance policies is to A) eliminate coverage for ... (Read 31 times)

crazycityslicker

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on: Jul 11, 2018
One of the reasons that deductible are used in insurance policies is to
 
  A) eliminate coverage for small claims.
  B) place restrictions or limits on the insurer's promise to perform.
  C) provide broader coverage by increasing the number of perils covered.
  D) exclude perils that are not insurable.

Question 2

Which of the following statements about the definition of the insured is (are) true?
 
  I. In some cases, a person who is not specifically named may be classified as an insured.
  II. Under no circumstances can more than one person be named as an insured.
  A) I only
  B) II only
  C) both I and II
  D) neither I nor II


dantucker

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Reply #1 on: Jul 11, 2018
Answer to Question 1

Answer: A

Answer to Question 2

Answer: A


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