Multiple Choice
Which of the following terms are not always included in an insurance contract?
A) Terms regarding payment of the premium.
B) Terms obliging the insurer to indemnify the insured based on the loss actually suffered.
C) Terms identifying the particular risk or happening to which the policy will respond.
D) Terms creating an obligation to indemnify or pay money on the happening of a particular event.
Correct Answer:
Verified
Correct Answer:
Verified
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