To create a Umbrella policy, we need a parent policy that should be
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Home policy
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Fire Policy
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Auto policy
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Boat Policy
C
Correct answer
Explanation
Umbrella policies provide excess liability coverage above the limits of underlying policies. To create an umbrella policy, there must be a primary 'parent' policy - typically an auto policy or home policy - that the umbrella sits above. Auto policies are the most common and required underlying coverage for umbrella policies.