Page 52 - M1_Insurance Introduction Notes
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diagnosis of a specified illness or on undergoing a



                       specified procedure.









                   3. Property insurance



               In respect of insurance relating to property, there are



               many products available.




                   a) Householder insurance is one of the most



                       important insurance policies to buy as home is one



                       of the largest financial investments made because



                       of which it is very important to protect it.








                   b) Loss of or damage to property and assets may be



                       covered against fire and perils of nature including



                       flood, earthquake etc. Machinery of industries may



                       be insured against breakdown. Goods in transit can



                       be insured under a Marine Cargo insurance cover.







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