Every insurance policy provides for termination of a policy by either the insurer or by the insured. When will cancellation take effect if the insured person wishes to cancel a policy? OA) On the date the policy or Lost Policy Voucher is signed off by the insured. OB) Thirty (30) days after receipt of a registered letter requesting cancellation. OC) Ten (10) days after a written request has been delivered to the insurer. OD) As soon as the insured receives payment of any return premium due.

icon
Related questions
Question

pls help ASAP

Every insurance policy provides for termination of a policy by either the insurer or by the insured. When will
cancellation take effect if the insured person wishes to cancel a policy?
OA) On the date the policy or Lost Policy Voucher is signed off by the insured.
OB) Thirty (30) days after receipt of a registered letter requesting cancellation.
OC) Ten (10) days after a written request has been delivered to the insurer.
OD) As soon as the insured receives payment of any return premium due.
Transcribed Image Text:Every insurance policy provides for termination of a policy by either the insurer or by the insured. When will cancellation take effect if the insured person wishes to cancel a policy? OA) On the date the policy or Lost Policy Voucher is signed off by the insured. OB) Thirty (30) days after receipt of a registered letter requesting cancellation. OC) Ten (10) days after a written request has been delivered to the insurer. OD) As soon as the insured receives payment of any return premium due.
Which one (1) of the following is correct about Uninsured Automobile Coverage?
OA) It is only available by endorsement to O.A.P. 1 Owner's Policy.
OB) It only covers bodily injury, but never third party property damage.
OC) It covers third parties who sustain bodily injury and the insured has breached a Statutory Condition.
OD) It covers accidental damage to the insured's automobile, provided the uninsured owner or driver of the other
automobile is identified.
Transcribed Image Text:Which one (1) of the following is correct about Uninsured Automobile Coverage? OA) It is only available by endorsement to O.A.P. 1 Owner's Policy. OB) It only covers bodily injury, but never third party property damage. OC) It covers third parties who sustain bodily injury and the insured has breached a Statutory Condition. OD) It covers accidental damage to the insured's automobile, provided the uninsured owner or driver of the other automobile is identified.
Expert Solution
steps

Step by step

Solved in 3 steps

Blurred answer