Question 1 of 11 | Risk Management MCQ Section 3 of 7 | Question 5 of...
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Question 1 of 11 | Risk Management MCQ Section 3 of 7 | Question 5 of 39 Dineo is insured with Zone Insurers for comprehensive household content. She recently experienced a break-in. When she woke up one morning, she realised that her house was empty. She did not wake up during the commotion. After investigating the matter, she realised that she left a small window open which the burglars managed to fit through and opened the back door with her key which was lying on the dining room table. Zone Insurers rejected the claim, arguing that the agreement excludes paying for loss suffered when there was no indication of forced entry. Dineo institutes a claim based on the fact that she was not aware of this clause and that it was never communicated to her. Dineo also argues that it does not make sense if the police confirm that a break-in did, in fact, take place. Choose the correct answer. A The policy terms would need to be considered; wording and interpretation of the exclusion need to be considered; the police report verifying the break-in needs to be considered. B C D The terms are clear and consequently, the claim can be dismissed without further regard. Dineo has comprehensive insurance, and she needs to be compensated by the insurer for her loss suffered. Single corre Dineo needs to institute a claim against the SAPD for failure to protect her from the break-in. None of the options. Question 1 of 11 | Risk Management MCQ Section 3 of 7 | Question 5 of 39 Dineo is insured with Zone Insurers for comprehensive household content. She recently experienced a break-in. When she woke up one morning, she realised that her house was empty. She did not wake up during the commotion. After investigating the matter, she realised that she left a small window open which the burglars managed to fit through and opened the back door with her key which was lying on the dining room table. Zone Insurers rejected the claim, arguing that the agreement excludes paying for loss suffered when there was no indication of forced entry. Dineo institutes a claim based on the fact that she was not aware of this clause and that it was never communicated to her. Dineo also argues that it does not make sense if the police confirm that a break-in did, in fact, take place. Choose the correct answer. A The policy terms would need to be considered; wording and interpretation of the exclusion need to be considered; the police report verifying the break-in needs to be considered. B C D The terms are clear and consequently, the claim can be dismissed without further regard. Dineo has comprehensive insurance, and she needs to be compensated by the insurer for her loss suffered. Single corre Dineo needs to institute a claim against the SAPD for failure to protect her from the break-in. None of the options.
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The detailed answer for the above question is provided below The correct answer is A The policy term... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
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