True/False
If an applicant for insurance informs his broker of all material facts regarding the risk, and the broker does not pass those facts along to the insurer, it's possible that the insurer can legally deny any subsequent claim.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q34: What is the difference between an agent
Q35: Simpson is an employee of United of
Q36: The primary difference between an insurance agent
Q37: The first step in the underwriting process
Q38: Reinsurance transactions do not occur in life
Q40: Quaniqua is an insurance agent who sells
Q41: List some of the reasons why insurance
Q42: All the following are true about underwriting
Q43: ET Insurance Company cedes to MJ Insurance
Q44: The insurance company accountant must apply what