Business Studies, asked by Akash7766, 1 year ago

What are different principles of insurance?

Answers

Answered by Anonymous
8
 \huge \mathfrak {Answer:-}

 \bold{Six\:principles} of insurance defines a  \bold{fundamental\:rule} of action or conduct that addresses the legal side of the insurance industry.

=> \bold{Utmost\:Good\:Faith}

=>  \bold{Principle\: of\: Indemnity}

=>  \bold{Subrogation\: Principle}

=>  \bold{Contribution\:Principle}

=>  \bold{Insurable\: Interest}

=>  \bold{Proximate\:Cause}

\huge\text{Be\:Brainly}❤️
Answered by Anonymous
5

heya..

here is you answer..

●Utmost Good Faith

●Insurable Interest

●Proximate Cause

●Indemnity

●Subrogation

●Contribution

●Loss Minimization

It may help you..☺☺

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