The part of a policy that describes the event that led to  a loss is

The part of a policy that describes the event that led to  a loss is

  • A.
    operative clause
  • B.
    recital clause
  • C.
    heading
  • D.
    schedule
Correct Answer: Option A
Explanation

The Operative clause in an insurance policy sets outs the circumstances that must be present before an insurance company will pay out any claims to insured parties.

You May Also Like