Question

In the case of general insurance, what must the insured do at the time of policy renewal if there has been a change in the occupancy of a building?

a.

Notify the insurer about the change

b.

Disclose any new material facts

c.

Pay the premium for the next term

d.

Obtain a new policy

Answer: (a).Notify the insurer about the change Explanation:In general insurance, the insured must notify the insurer about a change in the occupancy of a building at the time of policy renewal.

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Q. In the case of general insurance, what must the insured do at the time of policy renewal if there has been a change in the occupancy of a building?

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