Question

Mr kunal used to participate in car race while taking up the insurance policy he disclosed this information what kind of hazard does it refers to

Answer 1

The insurance policy includes all the physical damages.

Explanation:

• Before participating in a car race Mr kunal used to sign up in a insurance policy.
• He disclose some of the hazards discussed in the policy. The insurance policy is for the car.
• While driving an expensive car, around a circuit is fantastic fun but accidents on track can happen and in the end what we get is thousands of dollars to pay.
• Whether right or wrong, legally, you are responsible for the cost of repairing your car in all track day incidents even if another driver crashes into you.
• This insurance policy includes al the physical damage that happens while driving . the insurance includes -
• Material damage on either a fixed sum basis or market value
• Fire damage on either a fixed sum basis or market value
• After a good day with no mid-happenings you can contact to the company with all the claims and can cancel the policy during a 24 hr window.  

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