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Write a short note on: Fire Insurance - Commercial Studies

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Question

Write a short note on:

Fire Insurance

Short Note

Solution

Fire insurance is a type of insurance that protects you from the financial consequences of a fire. It is an indemnity contract in which the insurer agrees to compensate the insured for losses caused by the fire in exchange for a premium payment.

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Types of Insurance
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2021-2022 (April) Set 1

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