MANAGEMENT

Detailed explanation-1: -Personal possessions cover is an add-on that only a comprehensive car insurance policyholder can purchase. The insurer will provide coverage for any loss or damage to any of your personal possessions kept inside the car as per the insured declared value of your car insurance policy.

Detailed explanation-2: -Additional living expense coverage is a standard part of most homeowners, condo and renters insurance policies. It helps pay for increased costs you incur if you are temporarily unable to live in your home due to a covered loss.

Detailed explanation-3: -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-4: -an arrangement in which you pay money to a company, and they pay money to you if your household goods are stolen or damaged.