Select the correct answer from each drop-down menu. What types of insurance should Selina purchase given her situation? Selina w
ants to cover the loss of potential damages to her house in case of a natural calamity, such as a tornado. So, she should purchase a ___ insurance policy. She is also quite concerned about her dog’s health. To be on the safe side, she should also buy a ___ insurance policy. 1.
Homeowners' insurance policy is an insurance policy that covers the damages made to an insured place of residence. The insurance company takes care of damages that occur inside, and outside the house. Damaged furnishing as well as accidents that occur within the house are also catered to by the insurance company. The policyholder pays a deductible out of the total amount of money for the claims of damages while the insurance company takes care of the additional cost. So Selina would resort to a homeowners' insurance policy for her house so as to cover the loss in case of a natural calamity.
The Pet insurance policy also takes care of the veterinary costs of pets just in case they fall ill or suffer any other accidents. Selina would buy a pet insurance policy to take care of this potential problem.
