Economy, asked by Adityagoyal726, 8 months ago

The cause of loss must be related to the purpose of insurance policy.” to which principle of insurance is this related?

Answers

Answered by krishkhajotiya

Answer:

Principle of Proximate Cause

This principle applies when the loss is the result of two or more causes. The insurance company will find the nearest cause of loss to the property. If the proximate cause is the one in which the property is insured, then the company must pay compensation

Explanation:

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