Question

What common reasons might lead to disputes between insurers and the insured regarding claims?

a.

Policy exclusions and losses caused by excluded perils

b.

Lack of communication between the insurer and the insured

c.

Delay in payment and dispute handling procedures

d.

Inadequate policy premium and non-disclosure of material facts

Posted under IC38 Life Insurance Agent Exam

Answer: (a).Policy exclusions and losses caused by excluded perils Explanation:Disputes between insurers and the insured can arise from reasons like policy exclusions and losses caused by excluded perils.

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Q. What common reasons might lead to disputes between insurers and the insured regarding claims?
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