SOFE
AFE · Question #117
In which policies the contract provides for insurance coverage for a fixed period of duration and enables the insurer to not renew the contract or adjust the provisions of the contract at the end of…
The correct answer is A. Short duration. See the full explanation below for the reasoning.
Question
In which policies the contract provides for insurance coverage for a fixed period of duration and enables the insurer to not renew the contract or adjust the provisions of the contract at the end of the contract period?
Options
- AShort duration
- BPolicy duration
- CContract duration
- DNone of the above
How the community answered
(56 responses)- A82% (46)
- B2% (1)
- C5% (3)
- D11% (6)
Community Discussion
No community discussion yet for this question.