What is the effect of an incontestability clause?

A) The insured cannot file a claim more than a specified time following the insured event.
B) The insurer is prevented from canceling an insurance policy due to nonpayment.
C) The state is prevented from challenging any claim payment decisions of the insurer.
D) The insured is required to not challenge the statements made by its own insured.
E) The insurer cannot challenge the information in the application after a specified time.


E

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Which of the following describes the characteristics of a convertible bond?

A. Bonds mature at specified intervals throughout the life of the total issuance. B. Bonds mature on a specified date in the future. C. Bonds may be exchanged for stock at the discretion of the issuer. D. Bonds may be exchanged for stock at the discretion of the bondholder.

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Yammer is an intranet site that is similar to Facebook's interface and functionality

Indicate whether the statement is true or false

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What is a rating transition matrix?

What will be an ideal response?

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