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In the event no property damage or loss occurs during an insurance contract period, the premium payments were wasted only if the policyholder

In the event no property damage or loss occurs during an insurance contract period, the premium payments were wasted only if the policyholder
asked 40.8k views
5 votes
In the event no property damage or loss occurs during an insurance contract period, the premium payments were wasted only if the policyholder

asked
User Mohammad Kermani
by
8.1k points

1 Answer

7 votes
...only if the policyholder would have preferred added risk over security. 
answered
User Yuval Simhon
by
7.9k points
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