An Umbrella Policy Is Designed to Cover

question 87

Multiple Choice

An umbrella policy is designed to cover:

• A)expensive personal property.
• B)additional buildings on your property.
• C)property when traveling away from home.
• D)major personal liability claims.
• E)flood damage.

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Definitions:

Countertrade

A method of trade in which goods or services are exchanged for other goods or services rather than for money.

Equivalent Amount

A value or quantity that corresponds or is considered equal in value, function, or significance to another in a different context or format.

Philippine Corn

A major agricultural crop in the Philippines, important both for domestic consumption and as a component of the country's agricultural exports.

Tariffs

Government taxes on products or services entering a country that primarily serve to raise prices on imports.