The following statements are correct in regard to insurance policy provisions:

A$)$A covered risk must occur during the time frame of the policy

B$)$

The risk covered by the insurance policy must be reported within one year of it happening

C$)$

The insurance company fulfills its responsibilities by providing legal defense counsel

D$)$

The insurance company is delegated the power to effect a settlement of any claims, not the insured party

E$)$All of the above

F$)$Answers $1,2$ and $3$

G$)$

answers $1,3$ and $4$