How is the following answer correct if the manual clearly says:
"A trust can be a named insured in a homeowners policy, which then automatically covers the trustee"
Thank you
Marks: 0.80/1.00
Are there any acceptable conditions in which a named insured is an entity under a homeowner's insurancepolicy?
Choose one answer.
| A. Yes, if an individual occupies the premises | ||
| B. Yes, if an owner occupied condominium unit owner | ||
| C. No the named insured may not be an entity such as a corporation, partnership, estate or trust |
||
|
D. Yes, if the board members are over the age of 21 |