Question

In which part of an insurance contract would you find information about the property or activity to be insured?

This question is from Insurance subject

I got this question during an online interview.

Other related questions to my question are:

What are the parts of an insurance contract?

Which part of an insurance policy describes what property and or perils will be covered by the contract?

What type of information would be found in a policy insurance agreement?

Answer 1

Correct answer for this question is: The insuring agreement provides a description of the property or activity to be insured. The insuring agreement can be written on an "open-perils" basis or on a "named-perils" basis. A.

The title of my answer can be Insurance Chapter 10 Flashcards | Quizlet