Chapter 3 - Other Habitational Insurance Forms & Endorsements Flashcards
1
Q
Mobile home
A
A home that is factory built on its own chassis and which can be easily moved.
2
Q
Condominium
A
A system of separate ownership of individual units in a multiple unit building.
3
Q
Burglary
A
Advise students to delete, if not yet removed from this edition
4
Q
Endorsement
A
An extra sheet(s) or slip(s) of paper attached to the policy indicating in writing that the insured and insurer have agreed to a change in the terms of the insurance contract.
5
Q
Fine arts
A
Traditionally includes paintings, pictures, etchings, tapestries and other bona fide works of art of rarity, historical value or artistic merit.