Question 4 - Learning Outcome 5 [3t] marks) Yo u are a claims handler for an insurer specialising in household insurance. One of the policyholders has home insurance, which includes buildings and contents coyer. When the insurance policy was incepted the policyholder conrmed the property was their permanent residence. The policyholder noties you of a claim for water damage to the property and personal possessions. Whilst investigating the claim, you discover the following: The policyholder rents out the property on shortterm lets, dunng which they temporanly vacate the property. However, the policyholder has never informed the insurer of this. The personal possessions are owned by a guest who had rented the property for the weekend. The policyholder has received a climinal conviction for burglary, although this conviction occurred alter the inception of the policy. {a} Discuss the possible effects of the shortterm lets on the policyholdel's claim for the property damage. Refer to one statute in support of your discussion. [14] {b} Explain, with justification, whether the claim for the personal possessions will be settled. {5] [Cl Discuss the effect on both the policy and the claim of the policyholder failing to inform the insurer of the criminal conyiction. [1D]