……………..clause is applicable in case of under insurance
A) average
B) Normal
C) short sales
D) indemnity period
Correct Answer:
Verified
Q1: A business takes a……………insurance policy to cover
Q2: The computation of loss by fire is
Q3: The value of stock on the date
Q5: …………………policy cover loss of gross profit sustained
Q6: The period for which a policy is
Q7: A ---------- policy covers loss of stock,
Q8: Insured standing charges are the --------------
A)fixed charges
B)horizontal
Q9: ……………… ratio indicates the relationship of gross
Q10: Due to the inclusion of average clause
Q11: The Insurance Company cannot prevent the happening
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