Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Superior Insurance Company agrees to insure Lucas. The policy provides that: if a dispute arises between the parties concerning the settlement of a claim, the
Superior Insurance Company agrees to insure Lucas. The policy provides that: if a dispute arises between the parties concerning the settlement of a claim, the dispute must be submitted to an impartial third party, not a court. This is which one of the following clauses?
a.a dispute clause
b.an appraisal clause
c.an antilapse clause
d.an incontestability clause
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started