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Author Question: Easy Pay Insurance Company may require insureds who suffer a loss to submit a sworn statement to ... (Read 59 times)

TVarnum

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  • Posts: 548
on: Jul 11, 2018
Easy Pay Insurance Company may require insureds who suffer a loss to submit a sworn statement to substantiate that a loss occurred and to describe the conditions under which the loss occurred. This sworn statement is called a(n)
 
  A) binder.
  B) proof of loss.
  C) inspection report.
  D) notice of loss.

Question 2

Amy heads the legal staff of a large property and liability insurance company. Amy's staff is likely involved in which of the following activities?
 
  A) reviewing investment options for the insurer's assets
  B) reviewing language and policy provisions in insurance contracts
  C) calculating premiums to be charged for the insurer's products
  D) reviewing applications to determine if the company should insure the risk


cdmart10

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  • Posts: 332
Reply #1 on: Jul 11, 2018
Answer to Question 1

Answer: B

Answer to Question 2

Answer: B


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