Which Of The Following Does The Insuring Clause Not Specify? The insuring clause does not specify that the insurer will indemnify the insured for any losses.
Which of the following does the insuring clause specify? The insuring clause specifies which risks are covered by the insurance policy.
What is the insuring clause in a life insurance policy? The insuring clause in a life insurance policy is the part of the contract that spells out what the insurance company will pay if the insured person dies. Typically, the policy will list a specific amount of money that will be paid to the beneficiary named in the policy upon the death of the insured.
What is the insuring clause in life insurance? The insuring clause in life insurance is the part of the contract that states the reasons the policy is in effect. It typically lists the life events that will trigger a payout, such as death, terminal illness, or permanent disability.
Frequently Asked Questions
Which Elements Are Included In The Insuring Clause?
The insuring clause of an insurance policy generally includes a description of the property or person that is being insured, the amount of coverage, and the type of insurance.
Which Of The Following Provisions Allows An Insured Or The Insurer To Terminate The Policy?
The policy may be cancelled by the insured upon ten days’ notice to the insurer; or by the insurer, by giving ten days’ notice to the insured; or at any time, if the interest of the insurer would otherwise be prejudiced.
Which Of The Following Provisions Allow An Insured Or The Insurer To Terminate The Policy?
The following provisions allow an insured or the insurer to terminate the policy: -Material misrepresentation -Nonpayment of premiums -Concealment
What’S An Insuring Clause?
An insuring clause is a part of an insurance policy that lists the risks that are covered by the policy.
What Is An Insurance Policy Quizlet?
An insurance policy quizlet is a quiz that helps people learn about insurance policies. It can help them understand the different types of coverage available, as well as what to look for when purchasing a policy.
What Clause Protects The Insurer For Over Insurance?
The insurance company is indemnified against losses incurred because the insured has failed to take out enough insurance.
What Is The Insurance Clause In Insurance?
An insurance clause is a provision in an insurance policy that dictates the terms of the policy. The insurance clause sets forth the specific circumstances under which the insurer will provide coverage and the amount of coverage that will be provided.
What Is The Insuring Clause Quizlet?
The insuring clause is a part of an insurance policy that lists the specific risks that are covered by the policy.
Which Of The Following Is Not Included In The Insuring Clause Quizlet?
Which of the following is not included in the insuring clause? A. Coverage for personal property B. Coverage for personal injury C. Coverage for medical expenses D. Coverage for loss of use
The insuring clause does not specify which of the following.