AMF Damage Insurance Practice Questions - AMF Damage Insurance Representative Examinations (Québec) Exam

It requires the insured to prove fault of a third party before any indemnity is payable It is a wagering contract in which the insured may recover more than the insured interest It is a contract under which the insurer undertakes, for a premium, to indemnify the insured for a loss covered by the contract It transfers ownership of the insured property to the insurer upon binding