Under the optional illegal occupation provision, which of the following applies if a loss occurs while the insured is participating in a felony or an illegal occupation?
A) The insurer is not liable for that specific loss.
B) Benefits are reduced by an amount specified in the policy.
C) The policy is voided, as if it were never issued.
D) The insured's policy is automatically canceled.
Ans: A) The insurer is not liable for that specific loss.
Business
You might also like to view...
The _____ environment consists of forces that influence market operations, like commodity prices and interest rates.
Fill in the blank(s) with the appropriate word(s).
Business
Investing in emerging markets is an effective means of diversifying a U.S. portfolio
Indicate whether the statement is true or false.
Business