A title insurer will NOT be liable for a loss if
A. its negligence was not the cause of the loss.
B. the person suffering the loss was not the insured or the insured's estate or heirs.
C. either of these occurred.
D. neither of these occurred.
Ans: B. the person suffering the loss was not the insured or the insured's estate or heirs.
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____ have turned out to be an imperfect device for providing effective governance.
Fill in the blank(s) with the appropriate word(s).
Maynard earns $70,000 a year. Under his disability income policy, the maximum amount of monthly benefit he will receive is $7,000 a month. Under the relation of earnings to insurance provision, his disability income benefit will be
A) reduced, and all premiums paid to date will be considered earned premiums B) paid in full C) reduced, and he will be refunded for any premiums he paid for excess coverage D) prorated, and he will receive $7,000 a month for a limited time period