The Portion of a Property and Liability Insurance Contract That

question 24

Multiple Choice

The portion of a property and liability insurance contract that contains information about the property or activity to be insured is called the

• A)declarations.
• B)insuring agreement.
• C)exclusions.
• D)conditions.

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Definitions:

Apologize

To express regret for an offense or fault.

Delivering Bad News

The process of conveying unfavorable or disappointing information to individuals in a sensitive and thoughtful manner.

Recommendation

An advice or suggestion given by someone with knowledge or expertise on a certain matter.

Obligation

A duty or commitment that an individual is required or morally compelled to fulfill.