Multiple Choice
An exception to the principle of indemnity in about half of the United States is the concept of
A) subrogation,
B) misrepresentation,
C) valued policies.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q37: Which of the following is false?<br>A) An
Q38: The large-loss principle states that people should
Q39: Match the descriptions with their terms:<br>-A statement
Q40: An agent is a representative of the<br>A)
Q41: Social insurance does not have which of
Q43: Social insurance needs advance funding to operate
Q44: The type of warranty that must exist
Q45: A life insurance contract is not a
Q46: In most states even if a warranty
Q47: Which of the following represents a risk