When an Insurance Policy Is Ambiguous, the Policy Is Interpreted

question 43

Multiple Choice

When an insurance policy is ambiguous, the policy is interpreted:

• A) against the insurer.
• B) in favor of the insurer.
• C) according to the dictionary meaning of the words.
• D) according to the meaning of the words in the insurance industry.

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Definitions:

Wetlands

Areas of land where saturation with water is the dominant factor determining the nature of soil development and the types of plant and animal communities living in the soil and on its surface.

Gene Banks

Facilities that preserve genetic material of plants or animals in order to protect biodiversity and support future breeding efforts.

Sanctuaries

Protected areas where wildlife, historic landmarks, or cultural artifacts are preserved and protected from human interference.

Wild Species

Plant and animal species that exist naturally in the wild, untouched by domestication or genetic modification.