which of the following is a modification to a standard property or liability insurance contract? a....

which of the following is a modification to a standard property or liability insurance contract?

a. a policy rider

b. policy declarations

c. policy endorsement

d. policy conditions

Expert Solution

A modification to a standard property or liability insurance contract is policy endorsement.

Therefore correct answer is option c. Policy endorsement

A policy endorsement is issued by an insurance service organization to avoid uncertainties and to reduce risk. Insurance industry adds endorsements to modification of coverage to a standard property or liability insurance contract. Some endorsements expand the existing coverage and some endorsements reduce the scope of coverage.

jeff jeffy answered 2 years ago

Which of the following is not an example of property and liability insurance? a. Liability to...

Which of the following is not an example of property and liability insurance? a. Liability to others b. Umbrella insurance c. Homeowner’s insurance d. All of the above are examples of property and liability insurance e. None of the above is an example of property and liability insurance

he portion of a property and liability insurance contract that contains information about the property or...

he portion of a property and liability insurance contract that contains information about the property or activity to be insured is called the: (a) Declarations (b) Insuring agreement (c) Exclusions (d) Conditions

Property and liability insurance is a form of risk management that insures _______ Multiple Choice A....

Property and liability insurance is a form of risk management that insures _______ Multiple Choice A. you and your property. B. you, your property, and other people. C. your property and other people. D. you for all losses and damages of property belonging to you or others. E. property and libel if you get sued.

Deductibles are not used in which of the following type of insurance? disability income insurance property...

Deductibles are not used in which of the following type of insurance? disability income insurance property insurance health insurance life insurance

1.Which of the following is a temporary insurance contract? Certificate of insurance Certificate of evidence Promissory...

1.Which of the following is a temporary insurance contract? Certificate of insurance Certificate of evidence Promissory note Binder 2.Some of the primary responsibilities of a(n) _____________ underwriter include conducting market research, creating and revising underwriting guidelines, and conducting underwriting audits. line staff

Which of the following is NT a modification of RNA?

Which of the following is NT a modification of RNA? splicing out exons 5' capping addition of poly A tail splicing out introns cleavage downstream of the AAUAA sequence A protein is 300 amino acids long. In the coding region for that gene, the total number of nucleotide pairs is... 100 300 600 900 1200

What are the two major sources of revenue for a Property & Liability insurance company? (explain in details)

What are some key considerations for the federal income tax treatment of property and liability insurance?

Which one of the following is an insurance program available to landlords to obtain property and...

Which one of the following is an insurance program available to landlords to obtain property and liability insurance for houses they own and rent out to others? Select one: a. ISO Mobilehome Insurance Program b. ISO Inland Marine Insurance Program c. ISO Homeowners Insurance Program d. ISO Dwelling Property (DP) Form

Which of the following is not a liability?

Which of the following is not a liability? A. Accrued warranties payable B. Income taxes payable C. Allowance for bad debts D. Accrued vacation pay

Question