MANAGEMENT

Detailed explanation-1: -Homeowners insurance covers sudden and unexpected water damage from leaking plumbing or household systems and appliances. That means if your basement is suddenly flooded due to a broken water supply pipe, homeowners insurance can help pay to repair your floors or walls or replace any damaged furniture.

Detailed explanation-2: -A renters insurance is a type of home insurance policy that covers any loss or damages to the home contents of people living in rented accommodation.

Detailed explanation-3: -Long-Term Disability Insurance Long-term disability insurance protects you from losing your income if you’re unable to work for a long stretch of time because of an illness or injury.

Detailed explanation-4: -Consider for an example you come up with food poisoning during your vacation, having a medical travel insurance will cover your expenses of ambulance to take you to the nearby hospital, emergency room charges, hospital boarding charges and other medical expenses.