Excludes coverage for business activities

Assignment Help Financial Management

Reference no: EM132025167

1. When the Homeowners policy is used to insure a mobilehome

the scope of the perils is greatly reduced.

contents coverage does not apply.

Coverage A is combined with Coverage C.

the definition of Coverage A, Buildings, is modified to include attached fuel tanks and built in furnishings.

2. The business activities exclusion of Homeowners Section II excludes coverage for business activities

only if they are conducted on the premises.

only if the business is owned by an insured.

only if the business is engaged in on a full-time basis.

for which an insured received more than $2000

Reference no: EM132025167

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