Insurance coverage that protects real and personal property from catastrophic losses caused by a variety of perils, such as fire, theft, vandalism, and windstorm is referred as:

The correct answer is B. Insurance premium. See the full explanation below for the reasoning.

Estate Planning

Question

Options

AProperty insurance
BInsurance premium
CLiability insurance
DPeril

How the community answered

(30 responses)

A
7% (2)
B
73% (22)
C
17% (5)
D
3% (1)

Topics

#property insurance#peril coverage#personal property#catastrophic loss

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