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NEW QUESTION # 109
In a chain of events, the proximate cause of a loss is always the
Answer: B
NEW QUESTION # 110
A proposer for household insurance completes and submits an online application. When the insurer's website responds with a quotation based on the application, the quotation is most likely to be legally regarded as:
Answer: A
NEW QUESTION # 111
Under UK insurance law, which document outlines the terms of the insurance agreement between the insurer and the insured?
Answer: B
Explanation:
The insurance policy is the formal document that outlines the terms, conditions, and coverage of the insurance agreement between the insurer and the insured. It specifies the risks covered, exclusions, and other contractual details.
NEW QUESTION # 112
Which of the following regulatory bodies oversees the conduct of insurance firms in the UK?
Answer: A
Explanation:
Financial Conduct Authority (FCA)
NEW QUESTION # 113
Ambiguous terms in a household insurance contract are generally construed against the
Answer: C
NEW QUESTION # 114
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