AFP
CTP · Question #167
(Topic 2) The combination of difference in condition (DIC) insurance and umbrella insurance:
The correct answer is C. supplements the coverage provided by basic property and liability insurance. See the full explanation below for the reasoning.
Question
- (Topic 2)
The combination of difference in condition (DIC) insurance and umbrella insurance:
Options
- Atransfers risk to a company's captive insurance subsidiary.
- Csupplements the coverage provided by basic property and liability insurance.
- Dprovides payments to a company in the event it is unable to pursue a line of business
How the community answered
(33 responses)- A15% (5)
- C76% (25)
- D9% (3)
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