Business Studies, asked by aknitaimamanannaa, 11 hours ago

the importance of insurable interest in respect of fire insurance​

Answers

Answered by Feirxefett
3

Answer:

Insurable interest is an essential requirement for issuing an insurance policy that makes the entity or event legal, valid and protected against intentionally harmful acts. People not subject to financial loss do not have an insurable interest.

Answered by kayamtejaswi2004
0

Insurable interest is an essential requirement for issuing an insurance policy that makes the entity or event legal, valid and protected against intentionally harmful acts. People not subject to financial loss do not have an insurable interest.

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