Question

Describe 5 circumstances under which an insurance company may not compastate the insured in the event of lose​

Answer 1

Answer:

Losses caused the insurers carelessness i.e not accidental

Incase the insured has no insurable interest in the property

Incase of accident / loss is not directly related to the risk insured

Incase the insured has not paid premiums as expected

If on investigation the insurance company realises that false information was given the insured

A car accident which is caused a third person who is not insured