What Type of Personal Liability Coverage Is Also Called a Personal

question 83

Multiple Choice

What type of personal liability coverage is also called a personal catastrophe policy?

• A)Umbrella policy
• B)Personal property floater
• C)Coinsurance floater
• D)Assigned risk clause
• E)Medical payments coverage

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Definitions:

Firearm

A portable weapon that launches one or more projectiles driven by rapidly expanding high-pressure gas produced by combustion.

Restatement of Contracts

A comprehensive summary that clarifies, organizes, and illustrates the principles of contractual law.

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An entity operating independently of direct government control, typically established for private, non-commercial purposes.

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A body of legal principles that are derived from judicial decisions made in courts applying statutory and case law interpretations.