Any owner of the insured mortgage under a loan policy is the insured under the policy.

Name: Any owner of the insured mortgage under a loan policy is the insured under the policy.
Brand: Quizplus
Rating: 4.8 (41 reviews)

Question

Quizplus · Accepted Answer

This statement is true. The insured mortgage under a loan policy is typically the lender, and they are the one who benefits from the coverage provided by the policy. Therefore, they are considered the insured under the policy.

Any Owner of the Insured Mortgage Under a Loan Policy