Question

Mr. Akshat gets his policy insured against the fire of Rs 40 lakh with insurer A and Rs 10 lakh insurer b. A loss of Rs 5 lakh occurred. (a)How much compensation can be claimed from A and B separately and why? Name the principle of insurance highlighted in the above case,(b)The residues of the factory were sold for Rs 15,000. According to which principle Who will rightly avail the amount and why?​

Answer 1

Answer:

the residents

Explanation:

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