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Describe obligations of insured under statutory condition

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Reference no: EM133167040

INS1020 - Assignment Study 8

  1. Describe the obligations of the insured under Statutory Condition #5 - Requirements where Loss or Damage to Persons or Property.
  2. Describe the obligations of both the insured and the insurer under Statutory Condition #12 - Notice.
  3. With regards to Statutory Conditions:
  4. Briefly describe what they are and their purpose.
  5. Outline the requirements of provincial insurance acts pertaining to Statutory Conditions within an auto policy.

Reference no: EM133167040

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