BUISENESS MANAGEMENT
INSURANCE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The house you own is destroyed by a tornado and you need to rebuild.
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Health Insurance
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Disability Insurance
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Life Insurance
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Automobile Insurance (Liability or Property)
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Homeowners Insurance (Liability or Property)
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Explanation:
Detailed explanation-1: -Yes, homeowners insurance covers damage to your home and personal belongings caused by wind, rain, and fallen trees during a tornado. And if a tornado displaces you from your home and you’re forced to live elsewhere, home insurance also covers your additional living expenses.
Detailed explanation-2: -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.
Detailed explanation-3: -Contents Insurance This type of home insurance policy protects the goods inside your house from damages and loss owing to theft, fire, flood and other such mishaps.
There is 1 question to complete.