Vidyalelo
Commerce · Q35

Insurance

Graduate and Post Graduate · Commerce · question 35

Q35

Which of the following form is designed to be used by many different insurers and has exactly the same provisions?

A.
Guaranteed Replacement Form
B.
Standard insurance Form
C.
Standard Endorsement Form
D.
Standard Policy Form
Answer

Answer: Option D

Solution

Answer: Option D
Solution:
Standard Policy Form is an insurance policy form that is designed to be used by many different insurers and has exactly the same provisions, regardless of the insurer issuing the policy.