Tune (1) of the following is NOT the subject of a Statutory Condition? OA) Misrepresentation. OB) Protection of the property after loss. OC) Provisions for termination of the policy. OD) Basis for determining the amount
Tune (1) of the following is NOT the subject of a Statutory Condition? OA) Misrepresentation. OB) Protection of the property after loss. OC) Provisions for termination of the policy. OD) Basis for determining the amount
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Transcribed Image Text:Ulle (1) of the following is NOT the subject of a Statutory Condition?
OA) Misrepresentation.
OB) Protection of the property after loss.
OC) Provisions for termination of the policy.
OD) Basis for determining the amount of premium.

Transcribed Image Text:35 of 90 Which one (1) of the following statements is true regarding
Statutory Conditions in a Property policy?
it is dictated by government legislation.
it is set out in the RIB Act.
It is set by each individual insurer.
It is approved by the Insurance Bureau of Canada.
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