Discover the best answers at Westonci.ca, where experts share their insights and knowledge with you. Our Q&A platform offers a seamless experience for finding reliable answers from experts in various disciplines. Get detailed and accurate answers to your questions from a dedicated community of experts on our Q&A platform.
Sagot :
If a life agent represents an insurer in the sale of an insurance policy without being appointed, the insurer has 14 days to notify the Commissioner of the appointment.
What does an insurance rescission notice entail?
A rescission is distinct from a claim denial or a cancellation of a policy. When an insurance provider rescinds a policy, they are essentially saying that it never existed in the first place. The policyholder will be returned to the state they were in prior to the policy's entry, with all premium payments being repaid.
A rescission states that the policy was unenforceable from the outset for one or more reasons.
For more information about insurance, rescission refer to the link:https://brainly.com/question/28012454
#SPJ4
We appreciate your time. Please revisit us for more reliable answers to any questions you may have. Thank you for choosing our platform. We're dedicated to providing the best answers for all your questions. Visit us again. Keep exploring Westonci.ca for more insightful answers to your questions. We're here to help.
