Q925
Whose obligation is to pay claim?
A.
Insurer
AnswerB.
Insured
C.
Underwriter
D.
Proposer
Answer: Option A
Solution
Answer: Option A
Solution:
Insurer obligation is to pay claim. When a policyholder files a claim under his or her own insurance policy, the insurer has certain obligations to the insured and has a duty to act with good faith in handling that claim.