Which of the Following Best Defines Concealment

question 5

Multiple Choice

Which of the following best defines concealment?

• A) It is a willful failure to disclose any information pertinent to the insurance contract by the insured.
• B) It is an unintentional failure to disclose any information pertinent to the insurance contract by the insurer.
• C) It is an unintentional failure to disclose any information pertinent to the insurance contract by the underwriter.
• D) It is a willful failure to disclose any information irrelevant to the insurance contract by the insurer.

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Definitions:

S.M.A.R.T.S System

No definitive definition, could imply a specific structured methodology aimed at achieving objectives, not a widely recognized acronym.

Stretchable

Refers to something capable of being stretched or made to cover a larger area or volume without tearing or breaking.

Technical Skills

Specific abilities or knowledge in vocational or technical areas, enabling practical tasks or problem-solving within specific domains.

Management Skills

The abilities and competencies that enable an individual to manage people, projects, and organizations effectively.