Law of compensation is not bound:
(a) in sea insurance
(b) in vehicle insurance
(c) in life insurance
(d) in fire insurance
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Answered by
1
Answer:
(c) In life insurance.
Answered by
0
Answer: The law of compensation is not bound in Life Insurance.
Explanation: Because life insurance is meant to provide a lump sum to your beneficiaries in the event of your death from natural causes and most diseases.
There are some circumstances under which policy benefits are not payable and some things that they don't cover.
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