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Review the information about types of insurance and identify that in each of the following cases, which type of insurance will be applicable for insured:
Review the information about types of insurance and identify that in each of the following cases, which type of insurance will be applicable for insured: (1 Mark)
- Insurance that covers movable property. An example of such kind of property could be a tourist's personal property.
- Insurance that covers the loss that arises due to sickness and by visiting to a doctor.
- Insurance covers the risk of insured arises because of an accident when he was driving his car and got damage in the vehicle.
- Insurance that covers damage of the house property of policyholder.
- Due to short circuit, building owned by insured got a fire and got loss of significant items.
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