BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -Property insurance is a type of insurance that aids in defending the tangible assets of a person’s personal or commercial property from unforeseen events. The three types of property insurance coverage are replacement cost, actual cash value, and extended replacement costs.

Detailed explanation-2: -Property insurance gives you financial coverage against the damages caused to your private or commercial property due to fire, earthquake, theft, and burglary, among other causalities. A property insurance policy is quite essential for you if you own private property or commercial property.

Detailed explanation-3: -Home insurance is a type of property insurance that offers protection from unforeseen damages caused to the structure of your house. It is also known as homeowner’s insurance.

Detailed explanation-4: -1. Home structure insurance covers the permanent structure of the house, including kitchen, bathroom fittings and roof, from any kinds of dangers and risks. 2. Contents insurance covers the contents inside the house, such as documents, electronics, and jewellery, from damages and loss owing to theft, fire, flood, etc.