Which of the following best describes Proximate Cause?

a. Employers being held liable for the negligent acts of employees while those employees are acting within the scope of their employment

b. An event in which one individual becomes liable for the negligent behavior of another

c. An event considered to be the primary cause of a loss

d. A legal doctrine that states that an individual can be held liable even if negligence does not exist or cannot be proven

Answer: C

Property Insurance Concepts

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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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The pro rata liability clause is designed to protect the principle of
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Life insurance policies will normally pay for losses arising from
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In an insurance contract, the applicant's "consideration" is the
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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
When the principal gives the agent authority in writing, it's referred to as
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All of the following are true regarding rebates EXCEPT
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What is the other term for the cash payment settlement option?
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