Accountancy, asked by ketanbharwad2122, 7 months ago

clause is applicable in case of under insurance​

Answers

Answered by deepakshrivastava086
0

Answer:

Fire insurance policy

Explanation:

A fire insurance policy has an average clause mentioned in it which takes care of the cases of the under-insurance. ... According to the average clause in the fire insurance policy, If the actual cost of the goods/property is higher than the sum insured for such goods/property, then the insured has to bear the difference.

Answered by vanshukaran
3

Answer:

in fire insurance policy has average clause

I hope it will help u mate

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