All of the following statements about the termination provisions of the PAP are true EXCEPT
A) The insured can cancel the policy for any reason.
B) The insurer can cancel a newly-written policy if it has been in force for fewer than 60 days.
C) The insurer can cancel the policy after it has been in force for 60 days only if the insured has three or more traffic violations.
D) The insurer can refuse to renew the policy at its annual anniversary date as long as proper notice is given prior to the end of the policy period.
Answer: C
You might also like to view...
A brand extension gives a new product instant recognition and faster acceptance
Indicate whether the statement is true or false
People are going to be different. The focus of managers should be ________
A) to find ways to keep various groups within the workforce from creating conflict B) to find ways to develop strong relationships with and engage the entire workforce C) to make sure the practices within their departments comply with the letter of the laws governing discrimination in employment D) to find commonalities among various groups displaying surface-level diversity