Risk Management and Insurance > QUESTIONS & ANSWERS > California Laws and Ethics Pertinent to Insurance Questions and Answers 100% Pass (All)

California Laws and Ethics Pertinent to Insurance Questions and Answers 100% Pass

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The California Insurance Code defines "policy" as a(n) accepted offer promissory arrangement written contract written quotation ✔✔written contract A "policy" as described by the California In... surance Code is a written contract in which one party promises to indemnify another against loss that arises from an unknown event. The California Insurance Code allows an individual how many days to cancel a life policy for a full-refund? ✔✔Every policy of individual life insurance shall have a notice stating that after receipt of the policy by the owner, the policy may be returned by the owner for cancellation by [Show More]

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