Skip to main content

Section 2.1 Quiz

1
Section 2.1 Review

The effective date of a policy is the date the insurer accepts an offer by the applicant "as written."

a)
b)
CORRECTTRY AGAIN (Lesson 2.1.1)Your answer has been saved.
Check your answer

2

In insurance terms, "consideration" refers to:

a)
b)
c)
d)
CORRECTTRY AGAIN (Lesson 2.1.2)Your answer has been saved.
Check your answer

3

If the policyowner has an insurable interest in the insured, legal purpose is validated in the contract.

a)
b)
CORRECTTRY AGAIN (Lesson 2.1.3)Your answer has been saved.
Check your answer