PuzzleType=Crossword
PuzzleTitle=General Insurance Concepts Module 3
PuzzleDate=
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PuzzleCopyright=ŠTESTivity, LLC
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CWA=The applicant's consideration in an insurance contract is called _______
CWA=An applicant applies for insurance, or an insurer provides a price quote
CWA=Whose responsibility is it to explain policy provisions to the insured?
CWA=When an agent gives a _______ receipt, the company is bound by the terms of the contract being applied for
CWA=For an insurance contract to be valid there must be _____ purpose and _____ capacity
CWA=If an insurer has a certificate of authority from the State Dept of Insurance, it has the legal ________ to enter into an insurance contract
CWA=If you buy life insurance on Scott and then you kill Scott, the contract lacks legal _______
CWA=A statement that is guaranteed to be truthful.
CWA=Which receipt is more restrictive to the applicant, Binding or Conditional?
CWA=A statement that is substantially true to the best knowledge of the applicant
CWD=The Doctrine of Adhesion will interpret ambiguous contract terms or conditions in favor of the _______
CWD=Failing to act in the best interest of a client is a violation of your ________ duty
CWD=________ of the contract by both the insurer and the applicant is sometimes called "Meeting of the Minds"
CWD=An intentional misrepresentation on an application for insurance may be punishable as a _______