Business Studies, asked by anil444, 4 months ago

how does insurance contract differ from general contract​

Answers

Answered by BiswaShresikha
2

Answer:

Whereas, General Insurance is a contract of indemnity which promises to make good your losses. ... On the contrary, in General Insurance, the amount of actual loss or claim is reimbursed on the happening of the certain event against which the policy has been issued.

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