Cấu trúc & Điều khoản hợp đồngCâu 518 / 531
Immediately after a covered fire, which action is a duty the policy places on the insured?
a.Discard the damaged property to clear the site
b.Protect the property from further damage
c.Begin permanent repairs before an inspection
d.Settle directly with anyone who was injured
Giải thích
Duties after loss include giving prompt notice, protecting the property from additional damage, preparing an inventory, cooperating with the investigation and submitting to examination under oath. Making permanent repairs or throwing out damaged goods first destroys the evidence the adjuster needs to value the claim, and settling voluntarily with a claimant is barred because it prejudices the insurer's defense.
Luyện miễn phí toàn bộ 531 câu hỏi — không cần đăng ký.
Own the complete California Property & Casualty Broker-Agent guide — PDF + EPUB, $24.99 →
Câu hỏi liên quan cùng chủ đề
- Mid-term, an insurer broadens the coverage of its standard form without charging more for it. Under the liberalization clause the change:
- The entire contract provision in a property and casualty policy means that:
- An applicant says nothing about a fire that destroyed an earlier building at the same location, and the insurer does not ask about it. This is best described as:
- In the claim process, a proof of loss is best described as:
- The insured and the insurer agree the fire loss is covered but cannot agree on what it is worth. Under the appraisal condition:
- The suit against us condition in a property policy provides that the insured may sue the insurer only if:
Cập nhật gần nhất: · quy trình kiểm tra
Đội ngũ PrepPass · Đối chiếu với California Property & Casualty Insurance License Exam · Quy trình kiểm tra