When an insured fails to pay an insurance premium, the mortgagee remits the premium to the insurance company. When a loss occurs, the loss payment settlement would be made to the:

When an insured fails to pay an insurance premium, the mortgagee remits the premium to the insurance company. When a loss occurs, the loss payment settlement would be made to the:



A) mortgagee.

B) insured.

C) insured and the mortgagee.

D) contractor.



Answer: A

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