Reasons Why an Insured Might Add a Scheduled Personal Property

question 11

Multiple Choice

Reasons why an insured might add a scheduled personal property endorsement to a homeowners policy include which of the following?
I.To lower the premium by limiting the perils covered
II.To obtain higher limits for certain personal property

• A)I only
• B)II only
• C)both I and II
• D)neither I nor II

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Definitions:

Constitution

Basic guidelines or time-honored criteria that control the operation of a state or different entities.

Defeated Party

The political party or group that does not win an election or is on the losing side of a conflict or competitive situation.

John Adams

The second President of the United States (1797-1801), known for his role in the American Revolution and as a Founding Father.

Election of 1800

The Election of 1800, also known as the Revolution of 1800, was a pivotal presidential election in the United States that led to Thomas Jefferson defeating incumbent President John Adams. It marked the first peaceful transfer of power between political parties in U.S. history.