Which endorsement extends coverage to a relative in an assisted living facility?

Prepare for the CAS Data Insurance Series Courses - Insurance Accounting Test with engaging flashcards and multiple choice questions. Each answer is explained to enhance your understanding. Prep efficiently and excel in your exam!

Assisted Living Care Coverage is specifically designed to provide insurance protection for individuals residing in assisted living facilities. This endorsement acknowledges the unique risks and liabilities associated with providing care to someone in such a setting, which may not be fully covered under a standard homeowner's or renter's insurance policy.

This endorsement typically extends liability coverage to include certain situations that can arise in assisted living environments, ensuring that both the insured and the covered relative are protected. For example, it may address incidents related to personal property or any accidents that occur on the premises of the assisted living facility.

The other options do not apply as directly to this scenario. For example, endorsements for student living typically pertain to students living away from home, which is a different context from assisted living. Endorsements for business exposures would not address personal coverage needs in a residential care setting. Endorsements for renters usually focus on rental property and personal belongings, without the specific considerations involved in assisted living care.

Thus, the Assisted Living Care Coverage endorsement is the appropriate choice for extending coverage to a relative in such a facility.

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