NJ Casualty Test 2023 Questions and Answers .

when the courts usually resolve any ambiguity in policy wording in favor of the insured this is because what? - ANSWER-Doctrine of reasonable expectations Doctrine of Reasonable Expectations - ANSWER-States: that a policy includes coverages that an average person would reasonably expect it to include, regardless of what the policy actually provides. Which is not an agent's responsibility to the insured? - ANSWER-Settling and paying claims A women slips and falls on icy steps and breaks her leg. What may be a peril in this situation ? - ANSWER-The fall peril - ANSWER-cause of loss Part of the policy that can void the policy if they are breached, weather the breach was intended or not? - ANSWER-Warranties An insured's attempt to mitigate risk ? - ANSWER-Reduction