Which one of the following cannot be enforced like conditions in an insurance policy?

Avis 5,0 (1) Insurance contracts are unilateral in that only one party (the insurer) makes any kind of enforceable promise. Insurers promise to pay benefits when a certain ...

What is included in the conditions of an insurance policy?

Common conditions in a policy include the requirement to file a proof of loss with the company, to protect property after a loss, and to cooperate during the company's investigation or defense of a liability lawsuit.

What are the 4 main parts of an insurance contract policy?

Most policies consist of four parts: declarations, insuring agreements, conditions, and exclusions. Since any insurance provider can do business and present the policy to the insured, those pieces may be arranged in a different order than listed here.

What is not included in an insuring clause?

For example, most insuring clauses exclude coverage for issues that were known at the time the contract was agreed upon. There may also be exclusions when the policy holder has another policy that entitles them to indemnity.

Which of the following does not need to be identified in an insurance policy?

Which of the following does NOT need to be identified in an insurance policy? C.) The insurer's financial rating. Rationale: An insurer's financial rating does not need to be specified in an insurance policy.