Why Can an Insurer Refuse to Pay a Claim If

question 50

Multiple Choice

Why can an insurer refuse to pay a claim if an insured fails to abide by the policy provisions?

• A)because insurance contracts are aleatory
• B)because insurance contracts are unilateral
• C)because insurance contracts are conditional
• D)because insurance contracts are contracts of adhesion

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Definitions:

Sufficiency Revolution

A paradigm shift towards valuing enough over excess, emphasizing sustainable living and resource use.

Energy Conservation

The practice of reducing the consumption of energy resources by using less of an energy service.

Environmental Literacy

The understanding of environmental concepts, issues, and data to make informed decisions regarding the environment.

Ecosystem Connections

Describes the interdependencies between living organisms, including plants, animals, and microbes, and their physical environment.