Which entity is NOT eligible for coverage under the PAP policy?

Prepare for the Florida 2-20 Insurance Agent License Exam. Leverage flashcards and multiple-choice questions with detailed explanations. Be exam-ready with confidence!

In the context of a Personal Automobile Policy (PAP), coverage is specifically designed for individuals rather than business entities. The PAP typically provides coverage for individuals and their family members who reside with them. This includes individuals with valid driver's licenses and family members, such as spouses and dependent children.

While registered partnerships could potentially fall within the coverage depending on the specifics of the policy, corporations are generally not eligible for coverage under a Personal Automobile Policy. This is because the policy is intended to cover personal use of vehicles rather than business use or corporate liability. Coverage offered by a corporation is usually provided through a different type of insurance, such as commercial auto insurance.

Thus, the correct answer reflects the fact that a corporation, as a separate legal entity, does not meet the criteria for coverage under a Personal Automobile Policy, which is tailored to individuals and families rather than organizations.

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