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If a Policy Is Written on a Claims-Made Basis, the Insurer

Question 2

Multiple Choice

If a policy is written on a claims-made basis, the insurer is liable only if the:


A) loss occurred before the policy period
B) claim is made after the policy period
C) insured notifies the insurer of an occurrence before the policy period expires
D) claim occurs during the policy period and arises from an occurrence after the retroactive date

Correct Answer:

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