Readthe following sample insurance policies:

• Homeowners

Completethe worksheet for the sample policy.

Homeowners Insurance Policy Worksheet FIN/428 Version 1 University of Phoenix Material Homeowners Insurance Policy Worksheet Review the Sample Homeowners Insurance Policy and answer the following questions. Answer each question in 200 to 250 words: Question Answer Will a detached garage be covered? To what degree are credit and debit card losses covered? A plumber working at your home is injured, is he covered? You find mold, fungus and wet rot in your attic, what are the policy provisions? What are the policy limits on liability? Copyright 2014 by University of Phoenix. All rights reserved. 1 HOMEOWNERS POLICY Contains copyrighted material of the Insurance Services Office, Inc. Used with permission Homeowners Policy Declarations POLICYHOLDER (Named Insured John J. and Mary K. Smith 2900 Palisade Drive Anytown, Anystate 12000 POLICY PERIOD Inception Expiration POLICY NUMBER 123 446 789 Policy period begins at 12:01 A.M. standard time at the residence premises April 1, 2002 April 1, 2003 FIRST MORGAGEE AND MAILING ADDRESS First National Bank 1111 Main Street Anytown, Anystate 12000 We will provide the insurance described in this policy in return for the premium and compliance with the applicable policy provisions. SECTION I COVERAGES LIMIT ADwelling BOther Structures CPersonal Property DLoss of Use $200,000 20,000 100,000 40,000 SECTION II COVERAGES EPersonal Liability FMedical Payments to Others CONSTRUCTION: Frame YEAR BUILT 1990 SECTION I DEDUCTIBLE $ 250 (In case of loss under Section I, we cover only that part of the loss over the deductible shown above. 300,000 1,000 NO. OF FAMILIES PROTECTION CLASS One TYPE ROOF: Approved FIRE DISTRICT Johnson Township NOT MORE THAN 1000 FEET FROM HYDRANT NOT MORE THAN 5 MILES FROM FIRE DEPT. FORMS AND ENDORSEMENTS IN POLIICY POLICY PREMIUM COUNTERSIGNATURE DATE $ 455 March 15, 2002 HO 00 03, HO 04 54, HO 04 61, HO 24 82 AGENT: Tom Jefferson HOMEOWNERS HO 00 03 10 00 HOMEOWNERS 3 SPECIAL FORM AGREEMENT 2. We will provide the insurance described in this policy in return for the premium and compliance with all applicable provisions of this policy. \"Bodily injury\" means bodily harm, sickness or disease, including required care, loss of services and death that results. 3. \"Business\" means: a. A trade, profession or occupation engaged in on a full-time, part-time or occasional basis; or DEFINITIONS A. In this policy, \"you\" and \"your\" refer to the \"named insured\" shown in the Declarations and the spouse if a resident of the same household. \"We\