Which type of insurance would most likely protect against theft or damage to an individual's home?

Prepare for the Virginia Health Insurance Exam. Utilize flashcards and multiple choice questions, each with hints and explanations, to boost your knowledge. Get exam-ready today!

Casualty insurance is specifically designed to cover losses caused by theft, damage, or liability. This type of insurance can encompass homeowners insurance, which protects against damages to a person's property as well as losses due to theft or other incidents. The key aspect of casualty insurance is its focus on protecting individuals and businesses from various forms of losses, including those related to property.

In contrast, health insurance primarily covers medical expenses, while life insurance provides financial benefits to beneficiaries following the death of an insured individual. Workers' compensation insurance is specifically for work-related injuries or illnesses, providing coverage for lost wages and medical costs incurred by employees due to job-related incidents. Each of these other types of insurance serves a unique purpose that does not directly involve protecting property from theft or damage.

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