Author Question: Persons insured under Section I of the Homeowners 3 policy include which of the following? I. A ... (Read 24 times)

WhattoUnderstand

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Persons insured under Section I of the Homeowners 3 policy include which of the following?
 
  I. A spouse of the named insured if living in the same household
  II. The named insured's children who are under age 24 and who are full-time college students
  A) I only
  B) II only
  C) both I and II
  D) neither I nor II

Question 2

Which of the following statements about the Homeowners 8 policy is (are) true?
 
  I. Losses to the dwelling are settled on a replacement cost basis if the dwelling is insured for its full market value.
  II. It is designed primarily for expensive, newer, dwellings.
  A) I only
  B) II only
  C) both I and II
  D) neither I nor II



jrpg123456

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Answer to Question 1

Answer: C

Answer to Question 2

Answer: D



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