Insurance contr
acts are the contracts of mutual trust and confidence justify this statement with the help of real life example
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I agree with the statement
example - In a xyz company there was a fire and goods were damage ₹20 lac. owner give right information to the insurance company for the compensation also the insurance company verified the goods and the firm which were really damage so they give the amount to the owner if anyone of them cheat the result is not good.
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