Temporary Insurance Coverage Prior to the Issuance of the Actual

question 30

Multiple Choice

Temporary insurance coverage prior to the issuance of the actual policy may be obtained by use of a(n) :

• A) premium agreement.
• B) coinsurance clause.
• C) option clause.
• D) binder.

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Definitions:

Deontological Theory

A moral philosophy that emphasizes the importance of duty and the inherent rightness or wrongness of actions, regardless of the consequences.

Moral Worth

The value of actions or principles based on their ethical soundness or righteousness.

Functionalist Approach

A perspective in sociology and anthropology that interprets society as a structure with interrelated parts designed to meet the biological and social needs of the individuals in that society.

Restorative Justice

A system of criminal justice that focuses on the rehabilitation of offenders through reconciliation with victims and the community.