Actuarial Notes

Exam DISC-IA Practice Question 30

Study guide: Exam DISC-IA

Under the ISO Common Policy Conditions (IL 00 17), in which situation do the named insured's rights and duties under the policy pass to another person without the insurer's written consent?

  • A) The named insured, a corporation, merges into another corporation
  • B) The named insured sells the building and gives the buyer the policy
  • C) The named insured, an individual, dies
  • D) The named insured assigns the policy to its bank as loan security

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