Insurance companies are exempt from federal antitrust laws

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Reference no: EM132256778

Insurance companies are exempt from the federal antitrust laws?

A. True

B. False

An insurance contract is one where one party indemnifies another against loss from an unknown event?

A. True

B. False

Insurance cannot be sold directly to the insured by the insurer?

A. True

B. False

An insurance broker typically works for a single insurance company?

A. True

B. False

It is against public policy for a life insurance policy to be made contingent on passing a physical exam?

A. True

B. False

In a life insurance policy, an insurable interest need not exist at the time of the insured's death?

A. True

B. False

The insurable interest in a piece of property must exist at the time of loss?

A. True

B. False

In a life insurance policy, it is possible for the owner of the policy and the insured to be the same person?

A. True

B. False

In a life insurance policy, the insured is the party who contracts with the insurance company and pays the premiums.

A. True

B. False

The primary coverage of renters insurance is for the possessions of the insured.

A. True

B. False

Reference no: EM132256778

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