Manish gets his house insured against fire of 10 lakhs with insurer a and for 5 lakhs with insurer b. unfortunately, the house caught fire and a loss of 3 lakhs occurred. how much compensation can be claimed from a and b? identify and explain he principal of insurance applicable here.
Answers
Answered by
0
2 lakhs from insurer A
and 1 lakh from insurer B
Similar questions