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In ______ insurance, insurable interest must exist both at the time of contract as well as at the time of loss. - Commercial Studies

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Question

In ______ insurance, insurable interest must exist both at the time of contract as well as at the time of loss.

Options

  • Fire

  • Marine

  • Life

  • Health

MCQ
Fill in the Blanks

Solution

In fire insurance, insurable interest must exist both at the time of contract as well as at the time of loss.

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Chapter 13: Logistics and Insurance - EXERCISES [Page 232]

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Goyal Brothers Prakashan Commercial Studies [English] Class 10 ICSE
Chapter 13 Logistics and Insurance
EXERCISES | Q 13. | Page 232
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