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The insurer appeals a judgment entered against its insured and an appeal bond has to be posted. Under the supplementary payments the insurer pays:
a.The full face amount of the bond required
b.The bond premium up to $250 per accident
c.Nothing, since bonds are the insured's expense
d.The premium on an appeal bond in a suit it defends
Giải thích
Supplementary payments cover the premium on appeal bonds in suits the insurer defends, along with premiums on bonds to release attachments, and they are paid on top of the limit of liability. The insurer does not have to hand over the face amount of the bond itself. The $250 figure belongs to bail bonds and has nothing to do with an appeal bond premium.
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Câu hỏi liên quan cùng chủ đề
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