Question

Mubina is doing business of clothes. Mubina and Sarrah are close friends.
Mubina is planning to take insurance of her business. Which principle can you apply over here?
a) principle of utmost good faith is applicable.

b) principle of Insurable Interest will be applicable.

c) Insurance Company knows that he want be able to pay rent.

d) principle of Idemnity is applicable.​

Answer 1

Answer:

I think the answer is no. b) principle of Insurable Interest will be applicable.

hope this helps you☺️

Answer 2

thanks for the points .....