Final answer:
An insurance policy is a legal contract that provides financial protection against the loss or theft of items in an apartment.
Step-by-step explanation:
The correct answer is c) Insurance Policy.
An insurance policy is a legal contract between a person and an insurance company that provides financial protection against the loss or theft of items in an apartment. It specifies the terms and conditions of the coverage, including the premiums to be paid and the coverage limits.
For example, if someone's apartment is burglarized and their belongings are stolen, they can file a claim with the insurance company and receive compensation for the value of the stolen items, up to the coverage limit specified in the insurance policy.