Which type of insurance would a person most likely purchase if he or she has recently bought a property and wants to be protected against any pre-existing costs?
A. Life insurance
B. Liability insurance
C. Title insurance
D. Disability insurance
Answer (1)
Title insurance is the type of insurance most suitable for someone who has recently bought property and wants to be protected against preexisting costs. It protects against losses due to defects in the property's title. Thus, the correct answer is C. Title insurance. ;
