All the following are rights extended to mortgagees under the mortgage clause in the standard fire policy except:
A)to sue under the policy in its own name
B)to change the policy provisions without the insured's consent
C)to submit proof of loss if the insured does not
D)to have an additional 5 days over the insured for notice of cancellation

Question

Quizplus · Accepted Answer

Mortgagees have the right to sue under the policy in their own name, submit proof of loss if the insured does not, and have an additional 5 days over the insured for notice of cancellation. However, they do not have the right to change the policy provisions without the insured's consent.

All the Following Are Rights Extended to Mortgagees Under the Mortgage