Multiple Choice
In an insurance policy, it states that the "insurer promises to pay…." This general description of the insurer's promises is the essence of:
A) an insuring clause.
B) the conditions of a policy.
C) the exclusions of a policy.
D) an endorsement.
E) a rider.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q46: The exclusions in a named-perils policy are
Q47: The comprehensive glass policy insures against all
Q48: Two factors influence the granting of binding
Q49: Losses due to wear and tear are
Q50: More insurance is bought rather than sold.
Q52: A binder cannot be oral because it
Q53: One form of the homeowner's policy, HO-2,
Q54: When a(n) _ is incurred in an
Q55: Policies written on a named-perils basis cannot
Q56: Whether the policy is open-perils or named-perils,