clause is applicable in case of under insurance
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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.
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3
Answer:
in fire insurance policy has average clause
I hope it will help u mate
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