Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The insurer agrees to compensate the insured in consideration of a sum of money is called: a. Premium b. Proposal c. Rider d. Claim Which

The insurer agrees to compensate the insured in consideration of a sum of money is called:

a.

Premium

b.

Proposal

c.

Rider

d.

Claim

Which type of coverage pays for damages intentionally caused by another person, such as breaking a car door in a parking lot?

a.

Third party insurance

b.

Property damage liability coverage

c.

Comprehensive coverage

d.

Product liability coverage

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The ASQ Auditing Handbook

Authors: J. P. Russell,

4th Edition

0873898478, 978-0873898478

More Books

Students also viewed these Accounting questions