Which of the Following Statements Is TRUE with Respect to Property

question 56

Multiple Choice

Which of the following statements is TRUE with respect to property insurance?

• A) A benefit paid by an insurer to an insured is called a premium.
• B) Property insurance is available for real property, but not personal property.
• C) A benefit may be paid under a property insurance policy even if the insured is entitled to sue a third party for causing the loss or damage in question.
• D) Property insurance is called first party coverage only if the insurer sold the policy to a human being, rather than a corporation.
• E) Property insurance is called third party coverage if one person buys insurance with respect to property that is owned by another person.

---

Definitions:

Tear Glands

Glands located around the eye that produce tears, which are necessary for lubricating the eyes and providing protection against irritants.

Rectal Temperatures

Body temperature measurements taken from the rectum, which are considered to be very accurate for assessing a person's core body temperature.

Rectal Mucosa

The lining of the rectum, which is sensitive to damage, disease, and the absorption of medications.

Meconium Stool

The first stool passed by a newborn, composed of materials ingested during the time in the uterus, including mucus, skin cells, and amniotic fluid.