1/10
Insurance Test Practice
Premium Login
Free Tennessee General Insurance Principles Practice Test
Question 1 of 10
General Insurance Principles
Exit Practice
Why is an insurance policy considered a unilateral contract?
A
Both parties exchange equally enforceable promises
B
The insured may negotiate every policy provision
C
Only the insurer makes a legally enforceable promise to perform
D
The policy transfers ownership of insured property
Next Question