Florida Title Insurance Practice Exam

Question: 1 / 400

Where is the name of the insured and the amount of insurance shown in a title insurance policy?

Schedule B-II

Schedule A

In a title insurance policy, Schedule A is where you will find the name of the insured and the amount of insurance provided. This section essentially serves as the introductory part of the policy, detailing key information about the transaction, including the parties involved (the insured and insured parties), the date of the policy, the property being insured, and the coverage amount. It is critical because it contains the foundational details that establish the parties' rights and the extent of the coverage.

Other schedules in the title insurance policy, such as Schedule B and Schedule C, contain additional information regarding exceptions, exclusions, and outstanding issues related to the title. These sections do not provide the fundamental details about who is insured or the amount of coverage, which is why Schedule A is focused on these critical aspects.

Get further explanation with Examzify DeepDiveBeta

Schedule C

Schedule D

Next Question

Report this question

Download Florida Title Insurance Practice Exam PDF Study Guide
Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy