Ryan has an insurance policy through ABC Insurance for September 1, 2008, through September 1, 2009. His policy contains a runoff provision for a five-year term. If a claim was submitted against Ryan on September 2, 2015, for a loss occurring on June 1, 2009, would Ryan's insurance policy cover the loss?

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The topics covered on the Property & Casualty Insurance Exam depend on the specific state board in the United States. Below are some probable categories for this exam. Types of Policies, which includes limited-pay, single-premium life, and ordinary whole life. Parts of a Policy, which includes declarations, agreements, conditions, and exclusions. Policy Riders and Provisions, which includes waiver of premium, accidental death dismemberment, insurance clause, owner’s rights, and payor benefits. Completing the Application, which includes underwriting, warranties, replacement, insurable... Show more

Ryan has an insurance policy through ABC Insurance for September 1, 2008, through September 1, 2009. His policy contains a runoff provision for a five-year term. If a claim was submitted against Ryan on September 2, 2015, for a loss occurring on June 1, 2009, would Ryan's insurance policy cover the loss?