IIA
IIA-CFSA · Question #222
IIA-CFSA Question #222: Real Exam Question with Answer & Explanation
The correct answer is A. Homeowner policies. See the full explanation below for the reasoning.
Question
Personal liability covers claims for bodily injury or property damage caused by the insured. And, Medical payment provides a low level of medical payment to help avoid legal action between the insured and the injured part, regardless of whether or not the insured is legally liable for the incident. These are two major types of liability coverage provided by:
Options
- AHomeowner policies
- BTerm insurances
- CAuto coverage policies
- DCasualty insurance policies
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