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An insurer may reject a risk for any number of reasons. Which one (1) of the following is NOT usually a reason for rejection? OA) The risk may be so much more hazardous than the average that it has the potential for almost certain loss. OB) The broker submitting the risk does not have an office in the municipality where the risk is situated. OC) The insurer may not insure that class of business. OD) The risk, though sub-standard, could be improved and made acceptable but the applicant refuses to do so.

An insurer may reject a risk for any number of reasons. Which one (1) of the following is NOT usually a reason for rejection? OA) The risk may be so much more hazardous than the average that it has the potential for almost certain loss. OB) The broker submitting the risk does not have an office in the municipality where the risk is situated. OC) The insurer may not insure that class of business. OD) The risk, though sub-standard, could be improved and made acceptable but the applicant refuses to do so.

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Pls help ASAP on both questions I HUMBLY REQUEST 

An insurer may reject a risk for any number of reasons. Which one (1) of the following is NOT usually a reason for rejection? OA) The risk may be so much more hazardous than the average that it has the potential for almost certain loss. OB) The broker submitting the risk does not have an office in the municipality where the risk is situated. OC) The insurer may not insure that class of business. OD) The risk, though sub-standard, could be improved and made acceptable but the applicant refuses to do so.
Transcribed Image Text:An insurer may reject a risk for any number of reasons. Which one (1) of the following is NOT usually a reason for rejection? OA) The risk may be so much more hazardous than the average that it has the potential for almost certain loss. OB) The broker submitting the risk does not have an office in the municipality where the risk is situated. OC) The insurer may not insure that class of business. OD) The risk, though sub-standard, could be improved and made acceptable but the applicant refuses to do so.
Additional Conditions of a Personal Property Policy include a reference to Parts. Which one (1) of the following statements about "Parts" is correct? OA) If a property is made up of several parts, loss or damage to any one or more parts will be considered loss or damage to the entire property. OB) If a property consists of several parts, each part must be scheduled individually in the policy, otherwise only a total loss will be recoverable. OC) If a property consists of several parts, the insurer is only liable for the insured value of the lost or damaged part, including the cost of installation. OD) If a property consists of several parts, the insurer is only liable for the proportion of the total value of the property which the number of damaged or lost parts bears to the total number of parts in the property.
Transcribed Image Text:Additional Conditions of a Personal Property Policy include a reference to Parts. Which one (1) of the following statements about "Parts" is correct? OA) If a property is made up of several parts, loss or damage to any one or more parts will be considered loss or damage to the entire property. OB) If a property consists of several parts, each part must be scheduled individually in the policy, otherwise only a total loss will be recoverable. OC) If a property consists of several parts, the insurer is only liable for the insured value of the lost or damaged part, including the cost of installation. OD) If a property consists of several parts, the insurer is only liable for the proportion of the total value of the property which the number of damaged or lost parts bears to the total number of parts in the property.
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