Which of the Following Is False in Regard to an Insurer's

question 48

Multiple Choice

Which of the following is false in regard to an insurer's right to cancel a policy of insurance?

• A)An insurer who rightfully cancels a policy is not required to a refund of premium payments covering future time periods.
• B)Typically a grace period is required before a policy may be cancelled.
• C)State statutes usually govern the circumstances under which an insurer may cancel a policy.
• D)Car insurance may be canceled if the insured loses her license because of a driving violation.
• E)If an insured fails to pay premiums after a certain period,the insurance company may cancel.

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Definitions:

Filename

The designated name for a file that identifies it on a storage device or system.

File Shortcut

A pointer or link to a file or folder located elsewhere on a computer's file system, allowing quick access without navigating the original location.

Folder Window

A graphical user interface element that displays the contents of a folder, often within a file management system.

USB Flash Drive

A portable storage device that uses flash memory to store data, easily connected to a computer via a USB port.