Which of the following is a typical coverage included in a property insurance policy?

Prepare for the CII Certificate in Insurance - London Market Underwriting Principles (LM3) Test. Engage with flashcards and multiple choice questions with hints and explanations. Enhance your readiness for the exam!

Dwelling coverage is a typical inclusion in a property insurance policy because it specifically protects the physical structure of a home or property against various risks, such as fire, theft, vandalism, and certain natural disasters. This coverage typically extends to the main dwelling and may also cover attached structures, such as garages or decks. By including dwelling coverage, property insurance provides financial protection for homeowners against significant loss or damage to their property.

The other options provided are not standard components of property insurance. Health coverage pertains to medical expenses and is generally part of health insurance policies, while vehicle coverage is associated with auto insurance for vehicles. Travel insurance focuses on risks related to travel, such as trip cancellations or lost luggage, rather than property-related risks. Thus, dwelling coverage remains the correct and relevant option in the context of property insurance policies.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy