Business Studies, asked by TbiaSamishta, 1 year ago

Distinguish between the Fire insurance & Marine insurance.

Answers

Answered by KameenaYaar01
4

Answer:

In this type insurance, the insurance company covers the damage to the property or assets caused by the fire. In this type of insurance, the damage to the ships and the cargo is covered by the insurance company. Its objective is to cover the fire risk. Its objective is to cover the sea perils.

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