Author Question: That part of a property and liability insurance contract that contains information about the ... (Read 58 times)

Kikoku

  • Hero Member
  • *****
  • Posts: 540
That part of a property and liability insurance contract that contains information about the property or activity to be insured is called the
 
  A) declarations.
  B) insuring agreement.
  C) exclusions.
  D) conditions.

Question 2

What information is contained in the insuring agreement of an insurance policy?
 
  A) a description of the property or life to be insured
  B) a summary of the major promises of the insurer
  C) a summary of the obligations of the insured
  D) a list of the property, losses, and perils that are not covered



todom5090

  • Sr. Member
  • ****
  • Posts: 328
Answer to Question 1

Answer: A

Answer to Question 2

Answer: B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

Did you know?

Parkinson's disease is both chronic and progressive. This means that it persists over a long period of time and that its symptoms grow worse over time.

Did you know?

In Eastern Europe and Russia, interferon is administered intranasally in varied doses for the common cold and influenza. It is claimed that this treatment can lower the risk of infection by as much as 60–70%.

Did you know?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

Did you know?

Cancer has been around as long as humankind, but only in the second half of the twentieth century did the number of cancer cases explode.

For a complete list of videos, visit our video library