The Section of the Insurance Policy That Includes Provisions That

question 38

Multiple Choice

The section of the insurance policy that includes provisions that qualify or limit the insurer's promise to perform is the

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

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Definitions:

Punch List

A document listing work that does not conform to contract specifications, needing to be completed or corrected before final payment.

Project Team

A group of individuals with different skills and roles working together towards a common project goal.

Legally Not Enforceable

Describes agreements or contracts that cannot be upheld or mandated by law.

Verbal And Written

Pertains to the forms of communication: verbal being spoken language, and written being text-based communication.