When the Insurer Asks the Court to Determine Whether the Insurer

question 64

Multiple Choice

When the insurer asks the court to determine whether the insurer owes obligations to the insured under the policy in connection with the particular liability claim made against the insured by the injured third party,it is filing a(n) :

• A)equity of redemption.
• B)advance directive.
• C)reservation of rights notice.
• D)declaratory judgment.

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Definitions:

Accuracy

The extent to which the outcome of a measurement, calculation, or specification aligns with the accurate value or a norm.

Performance Rating

An assessment of how well an individual, group, or system performs against defined criteria or objectives.

Normal

Pertaining to something that conforms to a standard or a pattern that is usual, typical, or expected.

Trained Employee

An individual who has received instruction and practice in a particular skill or type of behavior for the workplace.