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.
life insurance is a contract of? ...
The document used pending the issuance of certificate in motor insurance policy is ...
A factor to be considered before a proposal for endowment assurance is accepted is the proposer'...
Which of the following conditions must be met before an insurer is under obligation to pay claim ...
The right to effect a contract of insurance on the life of a debtor by the creditor is? ...
Extension cover under money insurance policy doesnt include? ...
A method of providing indemnity under glass insurance policy is? ...
payment of compensation under professional indemnity insurance would be influenced by? ...
one of the steps taken by an insurer in claim settlement is to? ...