The document that is legally required to be issued by ins...
The document that is legally required to be issued by insurers in respect of compulsory insurance is
cover note
endorsement
certificate
renewal note
Correct answer is B
A cover note is a temporary document issued by an insurance company that provides proof of insurance coverage until a final insurance policy can be issued.
An insurance endorsement is an amendment or addition to an existing insurance contract which changes the terms or scope of the original policy. Endorsements may also be referred to as riders. An insurance endorsement may be used to add, delete, exclude or otherwise alter coverage.
A certificate of insurance (COI) is issued by an insurance company or broke. The COI verifies the existence of an insurance policy and summarizes the key aspects and conditions of the policy.
Renewal note; a note sent by an insurance company asking the insured person to renew the insurance.
The maximum aount to be paid for kayode's shop that was damged is ...
one of the duties of a loss adjustor is ...
The document used pending the issuance of certificate in motor insurance policy is ...
A blanket policy in fidelity guarantee insurance is to cover ...
How many days are allowed in life insurance as days of grace ...
An attachment to an insurance policy that modifies the policy is? ...
A document issued by an insurer giving temporary protection to the insure is? ...