All of the following statements about a loss sustained crime insurance form are true EXCEPT

	coverage is for up to 1 year after the policy expires
	losses sustained within the policy period are covered
	losses that occur after the policy expiration are covered
	losses that are discovered within a year of expiration are covered

Expert Solution

All are true except:

losses that occur after the policy expiration are covered

Losses are covered only that occur within the policy period but are discovered within a year of the expiration. Not those that happened after the expiration of the policy.

keosha answered 2 years ago

All of the following statements about variable life insurance are true EXCEPT:

All of the following statements about variable life insurance are true EXCEPT:a. Variable life insurance combines life insurance with a mutual fund.b. Variable life insurance provides a minimum guaranteed rate of return, but the actual return can be higher if investment experience is favorable.c. Variable life insurance allows the policyowner to select where the cash value is invested.d. Variable life insurance has fixed premium payments. e. Variable life insurance policies include settlement options.

All of the following statements about the characteristics of group insurance are true EXCEPT The actual...

All of the following statements about the characteristics of group insurance are true EXCEPT The actual experience of a group may be a factor in determining the premium that is charged. Individual evidence of insurability is usually required. Many persons are covered under a single contract. The cost of group insurance is generally lower than the cost of individual insurance.

All of the following statements about life insurance are true, EXCEPT: Select one: a. Whole life...

All of the following statements about life insurance are true, EXCEPT: Select one: a. Whole life insurance is regarded as permanent insurance and is generally more expensive than term insurance. b. Beneficiaries who receive benefits under life insurance policies after the insured’s death must pay income tax on the death benefits they receive. c. Term life insurance provides temporary protection for a stated number of years, and is frequently renewable. d. The incontestable clause states that the insurer cannot contest...

All of the following statements are true except:

All of the following statements are true except: a. A portfolio may contain multiple programs and projects. b. A project manager has the discretion to make trade-offs in regard to which programs to pursue. c. A program manager has the discretion to make trade-offs in regard to which projects to pursue. d. Projects have a finite timeline, while programs may exist as long as the parent organization does. Which of the following is a financial analysis tool that an...

Multiple choice: All of the following statements about evolution are true except: A) It is a...

Multiple choice: All of the following statements about evolution are true except: A) It is a change in the frequency of particular alleles within a population over time. B) Every mutation occurring in an organism’s DNA leads to genetic changes that are beneficial and adaptive. C) When an animal selects a mate based on particular features or behaviors, the offspring that result will be better adapted than would those arising from a purely random mate choice. D) Darwin’s theory of...

All of the following statements about the median are true, except: it may not have been...

All of the following statements about the median are true, except: it may not have been a score actually in the distribution it is not sensitive to outliers it is appropriate for all measurement scales approximately 50% of the scores will be above the median and 50% below it divides a distribution in half n a positively skewed distribution, the mean is ____________ the median. typically equal to always less than equal to half of always equal to typically greater...

All of the following statements about molecular recognition processes are true EXCEPT they can be carried...

All of the following statements about molecular recognition processes are true EXCEPT they can be carried out at lower temperatures than traditional methods do. they contribute greatly to polluting the environment than traditional methods do. they require smaller amounts of solvents than traditional methods do. they use less energy than traditional methods do.

All of the following are true of the new Form 7200 EXCEPT that it: May be...

All of the following are true of the new Form 7200 EXCEPT that it: May be used when the available credit exceeds the payroll tax liability, Replaces the Form 941 for the quarter in which it is used. Allows employers to claim a credit prior to filing Form 941. May be filed via fax.

According to U.S. GAAP, all of the following statements about impaired tangible assets are true except:...

According to U.S. GAAP, all of the following statements about impaired tangible assets are true except: Group of answer choices A) When a write-down is based on future cash flow, fair value is used. B) Assets idled for more than three years are impaired and must be written down. C) An asset is impaired when its book value exceeds future undiscounted cash flow.

All of the following statements about the Dodd-Frank Act are true, except: Select the correct answer...

All of the following statements about the Dodd-Frank Act are true, except: Select the correct answer below: ---the Dodd-Frank Act was designed to protect the American taxpayer by promoting government bailouts. ---the Dodd-Frank Act was designed to promote the financial stability by improving accountability in the financial system. ---the Dodd-Frank Act was designed to protect consumers from abusive financial services practices. ---the Dodd-Frank Act was designed to promote the financial stability by improving transparency in the financial system.

Question