ECONOMICS (CBSE/UGC NET)

ECONOMICS

INSURANCE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Your house is destroyed by a tornado and you need to rebuild it.
A
Homeowners Insurance
B
Renters Insurance
C
Life Insurance
D
Liability Insurance
Explanation: 

Detailed explanation-1: -Dwelling insurance within a homeowners policy covers the physical structure of a house. For example, if a tornado destroys a house, this coverage pays to rebuild it. Your dwelling coverage also encompasses other structures such as a garage or deck.

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