Cathy Obtains from Depend Insurance Company a Policy That Pro?vides

question 19

Multiple Choice

Cathy obtains from Depend Insurance Company a policy that pro?vides that if a dispute arises between the parties concerning the settle?ment of a claim, the dispute must be submitted to an impartial third party, not a court, for resolution. This is

• A) an antilapse clause.
• B) an arbitration clause.
• C) an appraisal clause.
• D) an incontestability clause.

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Definitions:

Optimal Time

The most favorable or ideal time for achieving the best results or maximum efficiency in a given task or process.

Unchangeable Timetable

A schedule or plan that cannot be altered or modified.

Cochlea

A spiral-shaped, fluid-filled inner ear structure responsible for converting sound waves into nerve impulses.

Middle Ear

The portion of the ear internal to the eardrum and external to the inner ear, containing three small bones that transmit sound vibrations to the inner ear.