This topic contains a solution. Click here to go to the answer

Author Question: The general rule that ambiguity in insurance contracts is construed against the insurer is ... (Read 51 times)

luvbio

  • Hero Member
  • *****
  • Posts: 623
The general rule that ambiguity in insurance contracts is construed against the insurer is reinforced by an important legal principle.
 
  This principle states the insured is entitled to coverage under a policy that he or she would assume the policy would provide, and exclusions must be conspicuous, plain, and clear. This principle is known as
  A) the principle of utmost good faith.
  B) the principle of reasonable expectations.
  C) the principle of subrogation.
  D) the principle of indemnity.

Question 2

Which distinct legal characteristic of insurance contracts states that only the insurer's promise to perform is legally enforceable?
 
  A) contracts of adhesion
  B) unilateral contracts
  C) aleatory contracts
  D) personal contracts



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

wilsonbho

  • Sr. Member
  • ****
  • Posts: 322
Answer to Question 1

Answer: B

Answer to Question 2

Answer: B




luvbio

  • Member
  • Posts: 623
Reply 2 on: Jul 11, 2018
Thanks for the timely response, appreciate it


amit

  • Member
  • Posts: 364
Reply 3 on: Yesterday
Excellent

 

Did you know?

Anesthesia awareness is a potentially disturbing adverse effect wherein patients who have been paralyzed with muscle relaxants may awaken. They may be aware of their surroundings but unable to communicate or move. Neurologic monitoring equipment that helps to more closely check the patient's anesthesia stages is now available to avoid the occurrence of anesthesia awareness.

Did you know?

According to the Migraine Research Foundation, migraines are the third most prevalent illness in the world. Women are most affected (18%), followed by children of both sexes (10%), and men (6%).

Did you know?

There are over 65,000 known species of protozoa. About 10,000 species are parasitic.

Did you know?

Acute bronchitis is an inflammation of the breathing tubes (bronchi), which causes increased mucus production and other changes. It is usually caused by bacteria or viruses, can be serious in people who have pulmonary or cardiac diseases, and can lead to pneumonia.

Did you know?

Limit intake of red meat and dairy products made with whole milk. Choose skim milk, low-fat or fat-free dairy products. Limit fried food. Use healthy oils when cooking.

For a complete list of videos, visit our video library