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Home Q & A Board Other Fields Homework Help Business Insurance
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AzJose AzJose
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6 years ago
Which of the following statements about title insurance is true?
A) A premium must be paid annually to keep the policy in force.
B) The policy term runs for 30 years or the length of the insured's mortgage loan, whichever is shorter.
C) The policy guarantees that the owner will keep possession of the property if a defect in the title is discovered.
D) The policy provides protection against title defects that occurred prior to the effective date of the policy.
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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6 years ago
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AzJose Author
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#2
5 years ago
Correct and thanks!
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