Multiple Choice
Donovan obtains from Equity Insurance Company a policy that provides that if the parties cannot agree on the amount of a loss covered by the policy,an estimate of the value by an impartial third party can be demanded. This is
A) an antilapse clause.
B) an arbitration clause.
C) an appraisal clause.
D) an incontestability clause.
Correct Answer:
Verified
Correct Answer:
Verified
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