Chapter 26 Review

Chapter 26 Review

Assessment

Flashcard

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Hard

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Wayground Content

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17 questions

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1.

FLASHCARD QUESTION

Front

A(n) _______ protects personal possessions kept on someone else’s property.

Back

renter’s policy

2.

FLASHCARD QUESTION

Front

_______ protects you from loss in the event your home is damaged or destroyed.

Back

homeowner’s insurance

3.

FLASHCARD QUESTION

Front

A written amendment to an insurance policy is called a(n) __________.

Back

endorsement

4.

FLASHCARD QUESTION

Front

A(n) __________ is a provision included in most property insurance policies that require policyholders to insure their building for a stated percentage of its replacement value in order to receive full reimbursement for a loss.

Back

co-insurance clause

5.

FLASHCARD QUESTION

Front

A(n) __________ is insurance coverage for the insured’s movable property wherever it may be located.

Back

personal property floater

6.

FLASHCARD QUESTION

Front

_______ protects against claims for damages to another person or their property.

Back

liability coverage

7.

FLASHCARD QUESTION

Front

A person who is presumed to have permission to be on your property is a(n) _____

Back

uninvited guest

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