The best description of a first-party claim is a claim

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The best description of a first-party claim is a claim

A. Made by the liable party against the policyholder.
B. Made by the policyholder against the insurer.
C. Made by the insurer against the policyholder.
D. Made by the policyholder against someone to whom the policyholder may be liable.

Answer: B. The best description of a first-party claim is a claim made by the policyholder against the insurer.

Insurance

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The voluntary relinquishment of a legal right is called
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