When an insurer issues a policy that refuses to cover certain risks, this is referred to as a(n):
O elimination
O exclusion
O limitation
O exception

Question

28-05-2024
Business

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When an insurer issues a policy that refuses to cover certain risks, this is referred to as a(n):
O elimination
O exclusion
O limitation
O exception

Verified Answer :

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GinnyAnswer GinnyAnswer · Answer 1 · 2024-05-28T18:10:58-04:00

Final answer:

An exclusion in insurance policies means that certain risks or circumstances are not covered by the policy.

Explanation:

When an insurer issues a policy that refuses to cover certain risks, this is referred to as a(n):

exclusion

An exclusion in insurance policies means that certain risks or circumstances are not covered by the policy. For example, a health insurance policy may exclude coverage for pre-existing conditions or a homeowner's insurance policy may exclude coverage for earthquakes.

Learn more about Insurance policies and exclusions here:

https://brainly.com/question/43766723

When an insurer issues a policy that refuses to cover certain risks, this is referred to as a(n):O eliminationO exclusionO limitationO exception

Verified Answer :

Final answer:

Explanation:

Learn more about Insurance policies and exclusions here:

Related Questions

When an insurer issues a policy that refuses to cover certain risks, this is referred to as a(n):
O elimination
O exclusion
O limitation
O exception