Which of the following policy standards is false according to Arkansas law?
Which of the following policy standards is false according to Arkansas law?
a. Insureds must be notified of any premium increases 30 days in advance
b. Giving notice of claim to an authorized agent is the same as giving it to the insurer
c. The insured must sign and accept any endorsements that restrict coverage, which the insurer adds after the inception date
d. Insurance policies may be issued for a term that is greater than 12 months
Answer: a. Insureds must be notified of any premium increases 30 days in advance
Comments
Post a Comment