Failure to exercise a generally acceptable level of care and caution. A contract of insurance. The person who buys insurance. The amount you pay for insurance coverage. Cancellation of the policy by the insurance company.
All unearned premium is returned to the insured.
The company uses these documents to determine whether and how much it will pay. A list of actions a policyholder must take in order to make an insurance claim. Included in provisions can be additional specifications of the insurer's responsibility to the insured. The pricing factor upon which the insurance buyer's premium is based. The chance of loss.