GK
INSURANCE AWARENESS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which term referring to property coverages for the perils of burglary, theft and robbery?
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Crime Insurance
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Personal Insurance
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Industrial Insurance
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Commercial Insurance
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Explanation:
Detailed explanation-1: -Commercial crime insurance is meant to provide comprehensive protection to businesses against theft, robbery, burglary, and any damage to the company’s property.
Detailed explanation-2: -Burglary insurance is one of the more important coverages included in a Property Insurance, that helps protect your home or business property from losses and damages that can be caused due to a potential burglary.
Detailed explanation-3: -casualty insurance Theft-insurance contracts cover losses from burglary, robbery, and other theft. Aviation insurance usually covers physical damage to the aircraft and legal liability arising out of its ownership and operation.
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