A form of property insurance that pays the policyholder in the event of an earthquake that causes damage to the policy holders property.

INSURANCE

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

A form of property insurance that pays the policyholder in the event of an earthquake that causes damage to the policy holder’s property.

A	replacement cost
B	breach of warranty
C	express warranty
D	Earthquake insurance

Explanation:

Detailed explanation-1: -Earthquake house insurance is a part of a home insurance policy but specifically compensates the policyholder in case their house is damaged by earthquake.

Detailed explanation-2: -HDFC ERGO General Insurance claims are settled with utmost transparency and ease.

Detailed explanation-3: -(Insurance: Residence insurance) Earthquake coverage is insurance coverage for damage caused by earthquakes. Flood insurance, like earthquake coverage, is usually only of interest to those residents whose property is exposed.

Detailed explanation-4: -Standard Fire & Special Perils Policy: This policy covers risks against fire, flood, earthquake, lighting, explosion, inundation, storm, riot and strike. Terrorism is optionally covered for a nominal premium. This policy covers damage to both the structure and contents of your home.

Detailed explanation-5: -Earthquake insurance is a form of property insurance that pays the policyholder in the event of an earthquake that causes damage to the property. Most ordinary homeowners insurance policies do not cover earthquake damage.

There is 1 question to complete.

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