menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Canadian Business and the Law Study Set 3
  4. Exam
    Exam 28: Insurance
  5. Question
    An Insurer,the Party That Purchases the Policy of Insurance,is Required
Solved

An Insurer,the Party That Purchases the Policy of Insurance,is Required

Question 36

Question 36

True/False

An insurer,the party that purchases the policy of insurance,is required to pay a price for the insurance coverage known as a premium.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q31: Because financing a buyout on the death

Q32: Which of the following is protected by

Q33: Errors and omissions insurance typically does not

Q34: Explain the distinction between an insurance broker

Q35: An insurance contract is classified as a

Q37: When an insurer compensates an insured,it has

Q38: Why would the owners of a successful

Q39: A key consequence of the designation of

Q40: Vida was found guilty of arson after

Q41: An endorsement is a clause altering or

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines