What is encompassed within property and liability insurance?

Property and liability insurance includes a broad range of coverage designed to protect individuals and businesses from financial losses due to various risks. Specifically, this type of insurance encompasses protection against death, injury, and damage to both people and property.

This means that if an individual or entity is found liable for causing harm to someone else or their property, liability insurance will cover the resulting costs, which may include medical expenses for injuries and repairs or replacement for damaged property. In this way, liability insurance serves as a crucial form of protection against unforeseen accidents and events that could lead to significant financial burden.

Furthermore, property insurance typically covers damage to physical assets, while liability insurance addresses claims resulting from negligence or harmful actions impacting others. This comprehensive approach of combining both property damage and liability makes option C the correct choice, as it captures the essence of both components of property and liability insurance.

In contrast, the other options do not fully represent the scope of property and liability insurance: one centers solely on property damage, another on medical expenses without context of liability, and the last focuses exclusively on disability insurance, which is a different area of coverage.