Question

Temporary Insurance

a) Must be cancelledWhen the policy is issued

b) Cannot be cancelled

c) Must be cancelled in the same way as a policy of similar type would be cancelled

d) May be cancelled verbally in all cases

Answer 1

Temporary insurance refers to a type of insurance coverage that provides short-term protection for a specific period of time. The cancellation process depends on the specific policy and should be followed according to the instructions provided. For example, a temporary car insurance policy may require contacting the provider by phone or submitting a written cancellation request.

Step-by-step explanation:

Temporary insurance refers to a type of insurance coverage that is designed to provide short-term protection for a specific period of time. It is commonly used in situations where individuals need insurance for a temporary period, such as rental cars or travel insurance. When it comes to cancellation, temporary insurance policies must be cancelled in the same way as a policy of similar type would be cancelled. This means that the cancellation process will depend on the terms and conditions of the specific temporary insurance policy. It is important to carefully review the policy documentation for instructions on how to cancel the policy. For example, if a temporary car insurance policy is issued, it may have specific instructions on how to cancel the policy, such as contacting the insurance provider by phone or submitting a cancellation request in writing.