Due to the inclusion of average clause in the fire insurance policy , an insured becomes a……………….in the event of under insurance.

Question

Quizplus · Accepted Answer

The inclusion of an average clause in a fire insurance policy makes the insured a co-insurer in the event of under-insurance. This means if the insured has not insured the property to its full value, they will bear a proportion of the loss themselves.

Due to the Inclusion of Average Clause in the Fire