All of the following are true of an Umbrella Liability Policy, except:

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All of the following are true of an Umbrella Liability Policy, except:

 Options:

 

A) After underlying coverage is exhausted, coverage is excess
B) Property in the care and custody of the insured is covered
C) Specific minimum limits for underlying coverage are required
D) Certain losses excluded by the primary policy are covered

 

The Correct Answer Is:

  • B) Property in the care and custody of the insured is covered

Conclusion

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