BUISENESS MANAGEMENT
INSURANCE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which type of insurance is optional?
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renter’s
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homeowner’s
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Either A or B
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None of the above
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Explanation:
Detailed explanation-1: -A renters insurance policy covers any personal liability of the tenant in case a non-family member gets injured while at your apartment. For example, if a guest gets electrocuted because of a faulty wire and gets hospitalized, your home insurance company will pay for their medical expenses on your behalf.
Detailed explanation-2: -A renters insurance policy is a type of insurance plan that provides cover to the tenants living in a rented apartment or house from unforeseen casualties such as fire accidents, theft, natural calamity, etc.
There is 1 question to complete.