Business Studies, asked by harman100925, 1 month ago

Q3. Rajesh Sachdeva insured his factory for 45 lakhs against fire. Due to fire he suffered a loss of stock worth 24 lakhs. How much amount can he recover from the insurance company? Why? State the relevant insurance principle in this regard.

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Answered by sushmamane14

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Q3. Rajesh Sachdeva insured his factory for 45 lakhs against fire. Due to fire he suffered a loss of stock worth 24 lakhs. How much amount can he recover from the insurance company? Why? State the relevant insurance principle in this regard.​

Answers

Q3. Rajesh Sachdeva insured his factory for 45 lakhs against fire. Due to fire he suffered a loss of stock worth 24 lakhs. How much amount can he recover from the insurance company? Why? State the relevant insurance principle in this regard.