Which one (1) of the following describes a "Valued" policy? A policy which states the subject matter is valued at and insured for a stated amount, which will be paid in the event of a total loss. A policy which pays the full policy limit for all losses. The policy issued by the insurer to a client of a valued broker. The value of the investment dollars earned on premiums by an insurer to offset underwriting loss.
Which one (1) of the following describes a "Valued" policy? A policy which states the subject matter is valued at and insured for a stated amount, which will be paid in the event of a total loss. A policy which pays the full policy limit for all losses. The policy issued by the insurer to a client of a valued broker. The value of the investment dollars earned on premiums by an insurer to offset underwriting loss.
Related questions
Question
Pls help ASAP
Transcribed Image Text:Which one (1) of the following describes a "Valued" policy?
A policy which states the subject matter is valued at and insured for a stated
amount, which will be paid in the event of a total loss.
A policy which pays the full policy limit for all losses.
The policy issued by the insurer to a client of a valued broker.
The value of the investment dollars earned on premiums by an insurer to
offset underwriting loss.
Transcribed Image Text:61 of 90
Which one (1) of the following statements is true about travel health
insurance policies?
Coverage for continuing medical treatment may be excluded if the insured is
medically fit to return to Canada following emergency treatment.
They do not provide benefits in the event of accideal death.
Benefits are payable for certain elective surgery procedures.
Senior citizens are only eligible for travel health insurance if they have not
sought medical treatment within the preceding 12 months.
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 4 steps
