An applicant for a Building and Personal Property Coverage Form has expressed a desire to buy insurance and has paid the first premium and completed questions on the application. The insured has assured the insurance company that smoke alarms and fire alarms are in place at the time of application. The insured has made a (n):
An applicant for a Building and Personal Property Coverage Form has expressed a desire to buy insurance and has paid the first premium and completed questions on the application. The insured has assured the insurance company that smoke alarms and fire alarms are in place at the time of application. The insured has made a (n):
A)
affirmative warranty.
B)
promissory warranty.
C)
declaration.
D)
warranty.
Answer: a
Comments
Post a Comment