Which of the following is an example of a non-life insurance product?

Homeowners insurance is indeed an example of a non-life insurance product. Non-life insurance products typically cover various types of risk associated with property, liability, and loss, rather than providing coverage for life itself.

Homeowners insurance protects individuals from financial loss due to damage to their home and belongings caused by perils such as fire, theft, or natural disasters. It often also includes liability coverage, which protects homeowners from legal claims due to injuries or damage that occur on their property.

In contrast, life insurance and annuities are specifically designed to provide financial benefits upon the death of the insured or to generate income during retirement, focusing more on life-related risk rather than property or liability. Health insurance similarly covers medical expenses resulting from illness or injury, falling under a different category than non-life insurance products. Thus, homeowners insurance fits clearly within the realm of non-life insurance.