Question

Mr. Sanjeev took an insurance policy against his car and after three months, he sold it to Ms. Chopra. the car was stolen from outside of Ms. Copra's house. Mr. Sanjeev made a claim to the insurance company. His claim was rejected on the grounds of him not being the owner of the car and him having no insurable interest as well as financial loss. Was Mr. Sanjeev right in making the claim? Who should get the compensation? What does principle of insurable interest say?

Answer 1

Answer:

Make as barnly please!!!!!!!!!!!!!!!!!!!!!!

Answer 2

Answer:

Mr Sanjeev was wrong for making the claim

Ms Chopra should get the compensation

Insurable interest says that the owner of that property only should get the compensation not the previous owner who was the owner of that property at past

Explanation:

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