Question

Which type of protection can a casualty licensee offer in addition to protecting against loss or damage of property?

1. They can provide coverage to protect against legal liability.
2. They can provide life insurance to protect against casualties.
3. They can provide coverage in the event of unexpected unemployment.
4. They can provide extra coverage against direct or major damage to property.

Answer 1

A casualty licensee can offer coverage to protect against legal liability and extra coverage against major property damage.

Step-by-step explanation:

A casualty licensee can offer various types of protection in addition to protecting against loss or damage of property. One type of protection they can provide is coverage to protect against legal liability. This means that if someone is injured or their property is damaged as a result of the insured person's actions, the casualty licensee will cover the legal costs and damages. Another type of protection they can offer is extra coverage against direct or major damage to property. This means that the casualty licensee will provide additional coverage in case the property suffers significant damage due to an unexpected event.