Multiple Choice
These are statements that identify the person(s) or organization(s) covered by the contract, give information about the loss exposure, and provide the basis upon which the contract is issued and the premium determined.This information may be obtained orally or in a written application.This section also includes the period of coverage and limitations of liability.Identify this section in an insurance contract.
A) Exclusions
B) Insuring agreement
C) Endorsements and riders
D) Conditions
E) Declarations
Correct Answer:

Verified
Correct Answer:
Verified
Q18: Which of the following are damages assessed
Q19: An open-perils policy provides broader coverage than
Q20: A waiver of premium rider increases the
Q21: A claim for the death benefit under
Q22: Actual cash value and replacement cost are
Q24: _ loss to property is the value
Q25: When loss is caused by property damage
Q26: Perpetual insurance policies remain in force:<br>A)until canceled
Q27: The maximum amount payable by the insurance
Q28: A policy clause, termed _ clause, addresses