American_Bankers_Association
CTFA · Question #386
An insurance policy providing excess liability coverage for homeowner's and automobile insurance as well as additional coverage not provided by either policy is referred as:
The correct answer is A. Personal liability umbrella policy. See the full explanation below for the reasoning.
Fiduciary and Trust Activities
Question
An insurance policy providing excess liability coverage for homeowner's and automobile insurance as well as additional coverage not provided by either policy is referred as:
Options
- APersonal liability umbrella policy
- BCaptive agent
- CIndependent agent
- DClaims adjuster
How the community answered
(38 responses)- A84% (32)
- B3% (1)
- C8% (3)
- D5% (2)
Topics
#personal liability#umbrella policy#insurance coverage#risk management
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