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    Question

    Contingencies outlined in an insurance policy is

    called?
    A Product Liability Correct Answer Incorrect Answer
    B Pure Risk Correct Answer Incorrect Answer
    C Provisions Correct Answer Incorrect Answer
    D Proximate Clause Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    A provision is a stipulation in a contract, legal document, or law. Often the stipulation requires action by a specific date or within a specified period of time. Provisions are intended to protect the interests of one or both parties in a contract.

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