The correct answer is B. House loans.
Insurance planning is the process of determining the types and amounts of insurance coverage that an individual or family needs. It includes identifying the risks that need to be covered, evaluating the potential financial losses that could occur, and selecting the appropriate insurance policies to protect against those losses.
House loans are not a part of insurance planning because they are not designed to protect against financial losses. Instead, they are used to finance the purchase of a home.
The other options, A, C, and D, are all a part of insurance planning. Life insurance is designed to provide financial protection for loved ones in the event of the insured person’s death. Health insurance is designed to cover the costs of medical care. And asset protection is designed to protect assets from loss or damage.
It is important to have a comprehensive insurance plan in place to protect yourself and your family from financial losses. An insurance professional can help you assess your needs and select the appropriate policies.