E05 Exam Dumps | A property policy contains a condition regarding prompt loss notification. If the insured fails to comply

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Question 8/17

A property policy contains a condition regarding prompt loss notification. If the insured fails to comply with this condition, in practice, the insurer is likely to

A. only avoid the claim if the delay has seriously prejudiced its investigation and handling of the claim.

B. settle the claim and cancel the insurance policy from inception.

C. settle the claim and recover its outlay from the insured.

D. avoid the claim automatically due to the breach of the policy condition.

Question 8/17

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