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8 Cards in this Set
- Front
- Back
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Identify four persons included in “you” or “your” and who would be “insureds” under the policy. |
- person(s) named as insured on the coverage summary page and while living in the same household - spouse or common law partner - relatives of the either - any person under 21 in their care |
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When only one person is named as the insured on the policy and a claim is made by their “spouse” or common law partner, the insurer will agree to pay the claim when certain evidence is provided to it. Identify three ways in which such person might qualify for coverage. |
- They were living with the named insured in a conjugal relation outside marriage continuously for a period of three years. - If they are the parents of a natural or adoptive Parents of a child and have been living with named insured for one year. - are married to named insured |
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Each homeowners form contains two coverage sections. Identify these coverage sections |
- property coverage - liability coverage |
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What coverage is provided under property coverage? |
- dwelling building - detached private structures - personal property - additional living expenses |
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What coverage is provided under liability coverage? |
- personal liability - voluntary medical payments - voluntary payment for damage to property - voluntary compensation for residence employees |
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Identify the items insured under Coverage A - Dwelling Building |
- The dwelling and attached structures - permanently installed outdoor equipment on the premises - outdoor swimming pool and attached equipment on the premises - materials and supplies located on or adjacent to the premises intended for use in the construction, a |
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Explain the coverage provided for “outdoor trees, shrubs and plants” |
The coverage provided for “outdoor, trees, shrubs and plants” are; fire, lightning, explosion, impact by aircraft or land vehicles, riot and vandalism or malicious act. The insured can opt to apply as much as 5% of the amount of insurance on the “dwelling building” to trees on premises there is a maximum limit of $500 for any one tree, plant or shrubs including debris removal expenses. |
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State the three insuring agreements included within Coverage C - Personal Property |
- on premises coverage - off premises coverage - property of students |
