Fire insurance policies contain an "average clause" to discourage ……………………………..
A) Over insurance
B) fire insurance
C) under insurance
D) None of these
Correct Answer:
Verified
Q9: Business concern often suffer …………… due to
Q10: A set of ……………… is to be
Q11: Salvage value of stock to be ………..
Q12: Average clause is a …………… in the
Q13: Fire insurance policies contain an "…………." to
Q15: Net claim on under insurance is equal
Q16: Gross profit on short sales are calculated
Q17: Short sales is the difference between ……………
Q18: The amount of insurance ………….. to be
Q19: At the time of calculating insurance claim
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