Which of the Following Statements Respecting Claims, If Any, Is

question 68

Multiple Choice

Which of the following statements respecting claims, if any, is TRUE?

• A)The insured, pursuant to the policy, usually must give immediate notice of a claim to the insurer.
• B)The limitation period in which to bring an action on a contract of insurance is two years and that cannot be shortened by terms of the policy
• C)If an injured party has property insurance and gets paid in full, they cannot sue the person who caused the damage as that would be double recovery
• D)An insured may be awarded punitive damages if an insurer deals with a claim in bad faith
• E)Both A and D

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Definitions:

Terror Management Theory

The notion that the most fundamental human motivation is to reduce the terror of the inevitability of death. Self-esteem may be centrally implicated in effective terror management.

Fear of Death

Describes the anxiety or dread associated with the anticipation of dying or the concept of mortality.

Open Punctuation

A writing style for business correspondence that omits traditional punctuation marks after the salutation and the complimentary close.

Copy Notation

A notation on written correspondence indicating additional recipients who have been sent copies of the document.