Umbrella Quiz - Medium

Policy Producer

• PDP Group, Inc. is listed as the producer.

Agent of Record

• Amynta Dealer Solutions acts as the agent of record.

Claims Inquiries

• General claims inquiries after reporting should be directed to [email protected].

Cancellation Notice for Nonpayment

• The cancellation notice period for nonpayment of premium is 10 days.

Examination of Books and Records

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

Insurer's Obligations for Inspections

• Ensuring compliance with health or safety laws is not among the insurer's obligations regarding inspections and surveys.

Premium Refund on Insured Cancellation

• If the insured cancels the policy, the premium refund will be less than pro rata.

Expediting Claims

• Claim number, policy number, insured name, date of loss, loss details, and contact information are needed to expedite handling a claim.

Transfer of Rights and Duties

• Transfer of rights and duties requires written consent, except in the case of death.

Insurer Cancellation Notice

• The insurer must provide 30 days' notice to cancel for reasons other than nonpayment.

Inspection Conditions

• Inspections can be made at any time as deemed necessary by the insurer.

Initiating a Claim

• To initiate a claim, the insured must provide evidence of the damage or loss.

Policy Effective Date

• The policy's effective date is stated in the policy declarations.

Insurer's Duty to Defend

• The insurer has the right and duty to defend any suit.

Policy Changes

• Policy changes must be made through an endorsement issued by the insurer.

Premium Payments

• The first Named Insured is responsible for all premium payments.

Premium Refunds on Insurer Cancellation

• If the insurer cancels the policy, a pro rata refund is provided.

Transfer of Rights Restrictions

• Rights cannot be transferred without the insurer's consent.

Insured's Action After Loss

• The insured must notify the insurer as soon as reasonably practicable after a loss or damage.

Insurer's Claims Handling

• The insurer has a duty to investigate and settle claims promptly.

Cancellation for Nonpayment Notice

• The insurer can cancel the policy for nonpayment of premium after providing 10 days' notice.

Examination of Insured's Records

• Examination of the insured's books and records can occur during the policy period and up to three years afterward.

Transfer Without Insurer's Consent

• The policy can be transferred without the insurer's consent upon the death of an individual named insured.

Insured's Duties in a Claim

• The insured must notify the insurer and cooperate in the investigation of a claim.

Mid-Term Cancellation by Insured

• If the insured cancels mid-term, the premium refund is less than pro rata.

Policy Changes Provision

• Changes to the policy require a written endorsement by the insurer.

First Named Insured Responsibility

• The first Named Insured is responsible for paying all premiums.

Insurer's Role in Inspections

• The insurer has the right, but not the obligation, to conduct inspections and surveys.

Cancellation Notice (Insurer)

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

Premium Refund on Insurer Cancellation

• If the insurer cancels the policy, a pro rata refund is given.

Insurer's Obligations for Claims

• The insurer has the duty to defend and settle claims.

Requirements for Transferring Rights

• Transfer of rights under the policy requires the insurer's written consent.

Policy Cancellation Without Notice

• The insurer can cancel the policy without prior notice for nonpayment of premium.

Required Information for Loss

• The insured must provide the date of loss, a detailed description, and proof of loss in the event of a loss.

Refund Amount After Cancellation

• If the policy is canceled by the insured, the refund amount is less than pro rata.

Transfer of Rights Upon Death

• Upon the death of the insured, their rights and duties transfer to the insured's legal representative.

Insured's Action for Potential Claims

• The insured must report potential claims within a specified timeframe.

Insurer's Audit Obligations

• Audits can be conducted during the policy period and up to three years afterward.

Policy Amendments

• The policy can be amended through an endorsement issued by the insurer.

Policy Period Definition

• The policy period extends from the effective date until the termination or renewal date.