Question

state the principles of insurance​

Answer 1

Answer:

In the insurance world there are six basic principles that must be met, ie insurable interest, Utmost good faith, proximate cause, indemnity, subrogation and contribution. The right to insure arising out of a financial relationship, between the insured to the insured and legally recognized

Answer 2

the principales of insurance

Utmost Good Faith

Insurable Interest

• Principle of Indemnity

Principle of Contribution

Principle of Subrogation

Principle of loss Minimization

Principle of 'CAUSA PROXIMA'

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