Question

Ajit is the owner of a taxi cab and he gets it insured because he is getting income from it. But, if he sells it, he will not have any concern left in that taxicab.Identify and explain the principle of insurance which is applicable in the above case

Answer 1

Answer:

Ajit is the owner of a taxi cab and he gets it insured because he is getting income from it. But, if he sells it, he will not have any concern left in that taxicab.Identify and explain the principle of insurance which is applicable in the above caseAjit is the owner of a taxi cab and he gets it insured because he is getting income from it. But, if he sells it, he will not have any concern left in that taxicab.Identify and explain the principle of insurance which is applicable in the above case