The HO-3 Form Is a Good Policy for First-Time Buyer

question 35

True/False

The HO-3 form is a good policy for first-time buyer owners because it is a named perils policy.

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Definitions:

Fort Wagner

A fortification on Morris Island in South Carolina that was the site of an important battle during the American Civil War, known for the valiant charge of the 54th Massachusetts Volunteer Infantry, one of the first major African American units in the U.S. Army.

Integrated Regiment

A military unit consisting of soldiers from different races or backgrounds, combined to serve together as one entity.

Nation-State

A sovereign political entity characterized by a defined territory, permanent population, a government, and the capacity to enter into relations with other states.

Otto Von Bismarck

A Prussian statesman who orchestrated the unification of Germany in the late 19th century and served as its first chancellor.