Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Which of the following statements regarding the definition of insured is true? Premium refunds will be distributed equally to all named insureds. The order in
Which of the following statements regarding the definition of insured is true?
Premium refunds will be distributed equally to all named insureds.
The order in which insureds are listed in the Declarations is immaterial. Insurance contracts may cover persons who are not specifically named in the policy.
Under no circumstances can more than one person be named as an insured.
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
Database Management For Business Leaders Building And Using Data Solutions That Work For You
Authors: Larry Ruddell
1st Edition
1973630249, 978-1973630241
