Umbrella Quiz - Hard

The insurer has the right, but not the obligation, to inspect the insured's property and operations.

Policy changes require a written endorsement issued by the insurer to be valid.

If the insurer cancels the policy, a pro rata refund of the unearned premium is provided to the insured.

The insurer can cancel the policy with 10 days' notice for nonpayment of premium.

Upon the death of the insured, the rights and duties under the policy are transferred to the insured's legal representative.

The insurer can audit the insured's books and records during the policy period and up to three years after the policy ends.

The insured must notify the insurer of a potential claim as soon as reasonably practicable.

The insurer must provide 10 days' notice before canceling the policy for nonpayment of premium.

The insurer can refuse a claim if it involves an excluded peril under the policy terms.

If the insured cancels the policy, the premium refund is less than pro rata.

The insured must provide all relevant information to the insurer as soon as reasonably practicable in the event of loss or damage.

Policy amendments are only valid if made through an endorsement issued by the insurer.

The insurer must provide 30 days' notice for policy cancellation for reasons other than nonpayment.

The first Named Insured is responsible for the payment of all policy premiums.

A policy change must be formalized through a written endorsement from the insurer.

The insurer may audit at any time during the policy period and up to three years afterward.

The insurer must provide 10 days' notice before canceling a policy for nonpayment of premium.

Changes to the insurance policy are formalized by an endorsement issued by the insurer.

When the insurer cancels the policy, a pro rata refund is provided based on the unused coverage period.

The insurer may examine and audit books and records during the policy period and up to three years afterward.

Rights and duties under the policy are transferred to the insured's legal representative.

Policy changes are only effective with a written endorsement issued by the insurer.

Report the incident to the insurer as soon as reasonably practicable.

30 days notice is required for cancellations not related to nonpayment.

At any time during the policy period and up to three years after its termination.

Rights and duties are transferred to the legal representative.

Less than pro rata refund.

Only written endorsements by the insurer can amend the policy.

Transferred to the legal representative of the deceased.

The insurer has a right and duty to defend and settle claims.

For nonpayment of premium, with at least 10 days' notice.

Claim number, insured name, and details of the loss.

Changes require written endorsement from the insurer.

The insurer can audit during the policy period and up to three years afterward.

The insurer must provide at least 30 days' notice.

During the policy period and up to three years after its termination.

Contact the insurer immediately and provide all relevant details.

Changes must be formally endorsed by the insurer.

Less than pro rata refund.