Which of the Following Statements Is True of Umbrella Insurance

question 35

Multiple Choice

Which of the following statements is true of umbrella insurance?

• A) It cannot be used for liability coverage.
• B) It does not require the insured to have already purchased insurance policies.
• C) It cannot be used with other insurance policies.
• D) It is only paid if the limits on other insurance policies have been exceeded.

---

Definitions:

Polynomial

An algebraic expression consisting of variables and coefficients, involving operations of addition, subtraction, multiplication, and non-negative integer exponents.

Factor

A number or quantity that divides another number or algebraic expression evenly, without leaving a remainder.

Division

A mathematical operation representing the process of dividing one number by another to find a quotient, often shown with the symbol "/" or "÷."

Simplify

In mathematics, to reduce an expression or equation to its simplest form, making it easier to handle or understand.