Ms. A. Joan has a house on one acre of land in Linstead, St. Catherine. The house is a two bedroom, one bath and one kitchen and is 70% of the total property value. The house is made of concrete with tile roofing. The doors and windows are grilled. There is no proper fencing and no gate at the driveway. The total value of the property is $25m. The insurance company offers a variety of coverage

Total property coverage = 90%

Total house coverage = 60%

Partial house coverage 40%

Roof coverage=20%

Doors or windows=5%

The cost to insure the property for its full value is $200,000.00 per annum You are an insurance agent task to speak to Ms. Joan. Based on the options above use the risk management process to advice Ms. Joan on the most suitable option/s. Give reasons for your answer.