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प्रश्न
What is Fire Insurance?
Discuss the concept of fire insurance.
उत्तर
Fire insurance is a written contract that indemnifies the insured (property owner) against loss or damage caused by an unintentional fire in exchange for a premium payment. A fire insurance policy is typically for a year. Fire insurance coverage covers damage to buildings and structures caused by fires. It covers residential dwellings, factories, and personal belongings inside insured property. It also covers damage from smoke, lighting and explosions.
संबंधित प्रश्न
Choose the Correct Answer.
Which one of the following is a type of marine insurance?
Write a short note on:
Fire Insurance
Identify the insurance depicted in the picture below.
In ______ insurance, insurable interest must exist both at the time of contract as well as at the time of loss.
The concept of insured value is applicable only in case of ______ insurance.
Distinguish between re-insurance and double insurance.
Discuss the importance of fire insurance.
Explain the meaning of marine insurance.
Define Marine Insurance.
Describe the procedure for establishing a claim and its settlement in marine insurance.
