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Tuesday 8th November 2016
A: A promise by the insurer that cover will continue as long as the premium is paid by the insured
B: A promise by the insured that the items of value will be stored in a locked safe overnight
C: A promise by the insured that he has acted in good faith throughout negotiations
D: A promise by the insured that claims will be notified within 28 days
Answer:
B.An express warranty is specified in the policy. It is an understanding by the insured that something will or will not be done or that a certain state of affairs does or doesn't exist.
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