Question

rajat takes a fire insurance policy for his new office in a fire accident his office is totally damaged insurance company pays the full policy value to rajat now rajat can't sell the scrap to realize money from it instead the insurance company will have a right over it identify and explain the principle of insurance which is applicable in the above case




answer them plzzz​

Answer 1

Explanation:

in a fire accident, his office is totally damaged. Insurance company paid the full policy value to Rajat. Now Rajat can't sell the scrap to realise money from it, instead insurance company will have a right on it.