Multiple choice technology mainframe

Is it required any Xref policy to create UMB policy

  1. True

  2. False
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

An Umbrella (UMB) policy does NOT require a cross-referenced (Xref) policy to be created. Umbrella policies provide excess liability coverage above underlying policies but can be written independently. While they typically supplement underlying coverage, the underlying policies are not strictly required to create the umbrella policy itself.

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