Insurer A began to provide crime insurance coverage for JKL Company three months ago. Insurer B provided coverage up until the time Insurer A’s coverage became effective.
Forty-five days after the effective date of Insurer A’s coverage, a loss was discovered that occurred while Insurer B was providing coverage. The loss would have been covered under Insurer A’s policy had it been in effect the previous period. Which policy provision in the current Insurer A policy would make Insurer A responsible for this loss?
A) loss sustained during prior insurance not issued by us
B) termination as to any employee
C) extended reporting period
D) loss sustained form
ANSWER
Answer: A
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