Business Studies, asked by 27maanvi, 1 year ago

explain principle of insurance ​

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Answers

Answered by Anonymous
11
According to this principle, the insurance contract must be signed by both parties (i.e insurer and insured) in an absolute good faith or belief or trust. ... The principle of Uberrimae fidei applies to all types of insurance contracts.
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Answered by chouhanmaanvi
1

Answer:

insurance principle is that it is beneficial in future

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