MANAGEMENT

BUISENESS MANAGEMENT

INSURANCE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
This type of insurance provides payment to cover liability losses and damage/loss of home structure and its contents
A
automobile
B
homeowners
C
renters
D
health
E
disability
Explanation: 

Detailed explanation-1: -Property insurance provides owners with coverage against loss or damage caused to their property due to covered unfortunate events. They help owners get financial reimbursements for the expenses they incurred while fixing these damages.

Detailed explanation-2: -Home insurance or property insurance secures your home, both – structure and contents – from damages due to unfortunate events like theft, burglary, and malicious activities, as well as natural calamities like-fire, floods, and earthquakes, providing financial aid to overcome losses incurred during such events.

Detailed explanation-3: -Homeowners insurance provides policyholders with coverage against loss and/or damage to their homes and possessions, also referred to as insured property.

Detailed explanation-4: -Home and property insurance covers losses to the structure and content of your home/ property due to natural and man-made calamities.

Detailed explanation-5: -Different types of general insurance include motor insurance, health insurance, travel insurance, and home insurance.

There is 1 question to complete.