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58 Which of the following statements regarding umbrella insurance is correct? A Umbrella insurance only covers the same perils as the underlying insurance B Umbrella
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Which of the following statements regarding umbrella insurance is correct? A Umbrella insurance only covers the same perils as the underlying insurance B Umbrella insurance may cover losses due to additional perils not covered by an underlying policy In the absence of underlying coverage, umbrella policies drop down to provide zero deductible coverage D Umbrella insurance is often written as a primary form of liability insurance Step by Step Solution
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