Actuarial Notes

Exam DISC-IA Practice Question 33

Study guide: Exam DISC-IA

A large manufacturer's broker drafts a manuscript property policy for it, which an insurer accepts. In a later dispute a term proves ambiguous. Compared with the same dispute under a standard ISO form, what is the most likely difference?

  • A) The court will construe the ambiguity even more strongly against the insurer
  • B) The insured may be unable to rely on construing ambiguity against the drafter
  • C) The court will resolve the ambiguity using ISO's published interpretation
  • D) The common policy conditions will decide it, because the policy is modular

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