Examveda
Examveda

Whose obligation is to pay claim?

A. Insurer

B. Insured

C. Underwriter

D. Proposer

Answer: Option A

Solution(By Examveda Team)

Insurer obligation is to pay claim. When a policyholder files a claim under his or her own insurance policy, the insurer has certain obligations to the insured and has a duty to act with good faith in handling that claim.

This Question Belongs to Commerce >> Insurance

Join The Discussion

Related Questions on Insurance