Solved

If the Parties to an Insurance Contract Agree That a Policy

Question 31

True/False

If the parties to an insurance contract agree that a policy will be issued and delivered at a later time, the contract is not effective until the policy is issued and delivered.

Correct Answer:

verifed

Verified

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

Related Questions

Q7: Insurance contracts are usually obtained through an

Q18: Insurance policies are governed by the general

Q19: Rafe obtains a fire insurance policy on

Q27: Darlene owns and operates an organic farm

Q28: Liability insurance protects a business in the

Q32: Rita is the chief executive officer for

Q33: Donovan obtains from Equity Insurance Company a

Q35: A loss sustained before the effective date

Q43: Rob applies to Standard Insurance Company for

Q48: Commerce Insurance, Inc., has a valid reason