Question

. In case of damage under the fire insurance,what amount of money

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Answer 1

Answer:

In case of an unfortunate event, the amount equivalent to the actual loss or prefixed amount, whichever is less, is paid. For example, if a fire insurance policy is taken with a specific value of Rs. 2 lakh, then in case the loss due to fire is worth Rs. 3 lakh, the amount payable is Rs.

Explanation:

this is the answer

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