Business Studies, asked by ashwinanishbhaibhai, 19 hours ago

person gets insurance policy for Rs.50,00,000 on his house from the New India Assurance Company. The company considers it to be an excessive risk coverage and it gets an insurance policy on the same from the National Insurance Company for Rs.30,00,000. Which type of insurance example is this ? (a) Double Insurance (b) Reinsurance (c ) Both (a) & (b) (d) None of above

Answers

Answered by kartikaykumarn2121

1

Answer:

your answer is option a

Explanation:

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