AL P&C University of Alabama Study Guide questions and answers
If a company cancels an auto policy mid-term, the refund will be made on a : A. pro rata basis B. short rate basis C. retroactive basis D. coinsurance basis - answer-A. Pro Rata Basis What is the term used to describe terminating the insurance relationship at the end of the policy period? A. Cancellation B. Nonrenewal C. Separation D. Exclusion - answer-B. Nonrenewal Which is the best example of an indirect loss? A. Sequential loss B. Liability loss C. Employ
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al pc university of alabama study guide questions
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