Multiple Choice
What is the name given to the rule that prevents an insured from collecting on insurance when the loss has resulted from the insured's willful misconduct?
A) third party endorsement
B) forfeiture rule
C) subrogation
D) third party rider
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q19: Some policies,such as fire insurance policies,require the
Q20: What is the primary value of insurance
Q21: The subrogation rule provides that a criminal
Q22: The test for whether the insured has
Q23: Each province in Canada has an automobile
Q25: What is the relationship between subrogation and
Q26: What options must a business owner decide
Q27: Who would most likely provide advice and
Q28: What legal consequences might arise if an
Q29: Which type of insurance system emphasizes providing