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Home Q & A Board Other Fields Homework Help Business Insurance
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JamesLu JamesLu
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7 years ago
What is the practical effect of an insurance policy being a conditional contract?
A) The insurer can refuse to a pay claim unless the insured has complied with all policy provisions.
B) The insured can assign the policy only with the insurer's consent.
C) The insurer can sue the insured for failure to pay any premiums.
D) The insured gets the benefit of the doubt if a policy contains any ambiguities or uncertainties.
Textbook 
Principles of Risk Management and Insurance

Principles of Risk Management and Insurance


Edition: 12th
Authors:
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ownzore3ownzore3
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7 years ago
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JamesLu Author
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7 years ago
Thanks
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