To insure their assets against hazards such as fire,storm damage,vandalism,earthquakes,and other natural and environmental risks,firms commonly purchase:
A)key personnel insurance.
B)business liability insurance.
C)business interruption insurance.
D)property insurance.
E)damage insurance.

Question

Quizplus · Accepted Answer

Property insurance is the type of insurance that provides coverage against various hazards such as fire, storm damage, vandalism, earthquakes, and other natural and environmental risks that can cause damage to the physical property of a business. This type of insurance covers the cost of repairing or replacing damaged or lost property, which can be essential for a business to continue its operations.

To Insure Their Assets Against Hazards Such as Fire,storm Damage,vandalism,earthquakes,and