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Today General Knowledge(GK)
An agreement between an insurance company and an agent, granting the agent authority to write insurance from that company is called
A)
Aleatory contract
B)
Affirmative Warranty
C)
All-Risk Agreement
D)
Aggregate Limits

Correct Answer : Option (B) - Affirmative Warranty



An affirmative warranty is a statement regarding a fact at the time the contract was made.

Published On : June 2, 2021
Category : Insurance and Finance
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