Insureds Who Want to Increase Their Liability Coverage Beyond the Original

question 53

Multiple Choice

Insureds who want to increase their liability coverage beyond the original coverage can purchase a(n) ________.

• A) umbrella insurance
• B) life insurance
• C) business insurance
• D) fire and homeowners' insurance

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Definitions:

Tax

Tax refers to a mandatory financial contribution imposed by a government on individuals or entities to fund public expenditures.

Commercial Trade

The exchange of goods and services among businesses or countries.

Defamation

A false statement made about someone, typically written (libel) or spoken (slander), that injures that person's reputation.

First Amendment

An amendment to the United States Constitution that guarantees freedoms concerning religion, expression, assembly, and the right to petition.