All of the following statements about conditions under a homeowners policy are true EXCEPT
A)If an insurer broadens coverage without an additional premium during the policy period,the broadened coverage applies immediately to the present policy.
B)A waiver or change in any policy provision must be approved in writing by the insurer to be valid.
C)The insurer must give written consent for an assignment of the policy to be valid.
D)If the named insured dies,coverage automatically ceases with respect to any property of the deceased.

Question

Quizplus · Accepted Answer

All of the statements are true except for statement D. If the named insured dies, coverage does not automatically cease with respect to any property of the deceased. The policy will continue to provide coverage for the property until the policy expires or is cancelled. The beneficiaries or legal representatives of the deceased can continue the policy by submitting proof of their interest in the property and paying any premiums due.

All of the Following Statements About Conditions Under a Homeowners