Multiple Choice
Which of the following represents a risk that usually does not meet the tests of insurability?
A) loss from legal liability,
B) loss of income due to old age,
C) loss from bankruptcy,
D) loss from lifetime disability,
E) loss of future business income due to fire.
Correct Answer:
Verified
Correct Answer:
Verified
Q42: An exception to the principle of indemnity
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
Q48: The principle of adhesion states that ambiguities
Q49: Match the descriptions with their terms:<br>-The principle
Q50: Match the descriptions with their terms:<br>-Implied warranties
Q51: An agent who has authority to perform
Q52: A broker is a legal agent of