When Luke's company initiated a policy of refusing to insure buildings over 50 years old on the basis that all such buildings were by definition 'high risk', dissatisfied consumers brought a complaint accusing them of:

a. Defamation

b. Boycott and coercion

c. Unfair discrimination

d. Geographical redlining

Answer: c. Unfair discrimination

Arkansas State Law

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An insured's building has an actual cash value of $200,000, and he has insured the property for $120,000 with an 80% coinsurance clause. A $40,000 loss occurs. How much will the policy pay?

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A domestic insurer issuing variable contracts must establish one or more
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Life insurance policies will normally pay for losses arising from
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Ambiguities in an insurance policy are always resolved in favor of the
In an insurance contract, the applicant's "consideration" is the
Agents may be found guilty of defamation if they make a false statement that is intended to?
How many pair of glasses in a 12-month period will a vision expense insurance plan cover?
The voluntary relinquishment of a legal right is called
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The pro rata liability clause is designed to protect the principle of
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What is the benefit of choosing extended term as a nonforfeiture option?
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What documentation grants express authority to an agent?

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