When Insurance Provides Coverage Against Third Party Claims, an In?surer

question 82

True/False

When insurance provides coverage against third party claims, an in?surer has a duty to defend any suit based on such a claim against the insured.

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Definitions:

Forgetting Curve

A graphical representation of the decline of memory retention over time, illustrating how information is lost when there is no attempt to retain it.

Ebbinghaus

Refers to Hermann Ebbinghaus, a German psychologist famous for his research on memory and learning, particularly known for the forgetting curve and the spacing effect.

Memory Loss

A decrease in the ability to remember information, events, or how to perform tasks, which can be temporary or permanent.

Encoding Failure

The inability to create a memory link between sensed information and the ability to recall it later, leading to forgetting.