Difficulty: Hard

Average Score: 36%

All of the following meet the definition of an insured under the HO-3 policy EXCEPT a

Rationale

75-year-old grandparent residing in an adult care facility does not meet the definition of an insured under the HO-3 policy.

Under the HO-3 policy, an insured typically includes relatives living in the household. However, a grandparent residing in an adult care facility does not fit this definition, as they are not residing with the insured.

A (19-year-old foster child residing with the insured.) YOUR ANSWER

A foster child living with the insured qualifies as an insured under the HO-3 policy. This is because they are considered part of the household, and the policy extends coverage to foster children under the same roof.

B (23-year-old son enrolled as a full-time student in another state.) YOUR ANSWER

The 23-year-old son remains an insured under the HO-3 policy as long as he is a full-time student and is considered a dependent of the insured. His enrollment in a different state does not affect his status as part of the household for insurance purposes.

D (90-year-old uncle residing in the household.) YOUR ANSWER

The 90-year-old uncle is covered under the HO-3 policy because he lives in the household with the insured. Family members residing in the home are included as insured parties under the policy's definitions.

Conclusion

The HO-3 policy defines insured individuals as those living in the household of the policyholder, which excludes the 75-year-old grandparent in an adult care facility. In contrast, the foster child, full-time student son, and uncle all reside in the home, meeting the criteria for coverage. Understanding these definitions is crucial for determining who qualifies for protection under the policy.

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