Homework Help is Here – Start Your Trial Now!
Business
Management
What coverage is NOT automatically included in an Ontario Automobile insurance policy? OA) Third-Party Liability OB) Direct Compensation Property Damage OC) Accident benefits OD) Collision or Upset What is "subrogation"? OA) It is the insurable interest of the mortgagee of a property. OB) It is the valuation of property after a loss covered by insurance. OC) It is the amount of insurance is too low to meet the co-insurance requirements in a policy. OD) It is action by an insurer after it pays a loss to recover from the party responsible.

What coverage is NOT automatically included in an Ontario Automobile insurance policy? OA) Third-Party Liability OB) Direct Compensation Property Damage OC) Accident benefits OD) Collision or Upset What is "subrogation"? OA) It is the insurable interest of the mortgagee of a property. OB) It is the valuation of property after a loss covered by insurance. OC) It is the amount of insurance is too low to meet the co-insurance requirements in a policy. OD) It is action by an insurer after it pays a loss to recover from the party responsible.

Understanding Business
Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
See similar textbooks
icon
Related questions
Question

need help asap

What coverage is NOT automatically included in an Ontario Automobile insurance policy? OA) Third-Party Liability OB) Direct Compensation Property Damage OC) Accident benefits OD) Collision or Upset
Transcribed Image Text:What coverage is NOT automatically included in an Ontario Automobile insurance policy? OA) Third-Party Liability OB) Direct Compensation Property Damage OC) Accident benefits OD) Collision or Upset
What is "subrogation"? OA) It is the insurable interest of the mortgagee of a property. OB) It is the valuation of property after a loss covered by insurance. OC) It is the amount of insurance is too low to meet the co-insurance requirements in a policy. OD) It is action by an insurer after it pays a loss to recover from the party responsible.
Transcribed Image Text:What is "subrogation"? OA) It is the insurable interest of the mortgagee of a property. OB) It is the valuation of property after a loss covered by insurance. OC) It is the amount of insurance is too low to meet the co-insurance requirements in a policy. OD) It is action by an insurer after it pays a loss to recover from the party responsible.
Expert Solution
steps

Step by step

Solved in 3 steps

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Similar questions
Recommended textbooks for you
Understanding Business
Understanding Business
Management
ISBN:
9781259929434
Author:
William Nickels
Publisher:
McGraw-Hill Education
Management (14th Edition)
Management (14th Edition)
Management
ISBN:
9780134527604
Author:
Stephen P. Robbins, Mary A. Coulter
Publisher:
PEARSON
Spreadsheet Modeling & Decision Analysis: A Pract…
Spreadsheet Modeling & Decision Analysis: A Pract…
Management
ISBN:
9781305947412
Author:
Cliff Ragsdale
Publisher:
Cengage Learning
Management Information Systems: Managing The Digi…
Management Information Systems: Managing The Digi…
Management
ISBN:
9780135191798
Author:
Kenneth C. Laudon, Jane P. Laudon
Publisher:
PEARSON
Business Essentials (12th Edition) (What's New in…
Business Essentials (12th Edition) (What's New in…
Management
ISBN:
9780134728391
Author:
Ronald J. Ebert, Ricky W. Griffin
Publisher:
PEARSON
Fundamentals of Management (10th Edition)
Fundamentals of Management (10th Edition)
Management
ISBN:
9780134237473
Author:
Stephen P. Robbins, Mary A. Coulter, David A. De Cenzo
Publisher:
PEARSON
SEE MORE TEXTBOOKS