Question

Amit took a fire insurance policy for his factory situated in Faridabad. One day when he was at

PVR cinema hall in the evening, he received a call from the security guard of the factory. The

security guard informed him that a fire has broken out in the factory and it is spreading very

fast. Since, Amit was enjoying the movie very much he did not want to leave the theatre at that

very time. Also, he thought that the loss will be compensated by the insurance company so he

need not bother about anything when he visited his factory, later on he saw that everything has

been burnt to ashes. He filed a claim for the loss with the insurance company. The surveyer who

came from the insurance company to assess the amount of loss remarked. If sincere efforts

were made to put off the fire immediately, the quantum of loss would have been minimal. In

context of the above case:

(a) Identify and explain the principle of insurance which has been violated.​

Answer 1

Explanation:

नियोजन के 6 सीमाओं का व्याख्या कीजिए

Answer 2

Answer:

mitigation of loss because if sincere efforts were been taken then the fore were be in the favour