what is fire insurance and life insurance
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Answered by
18
A fire insurance is a contract between the policyholder and the insurer. Here the insurance company will pay to the policyholder any loss caused to him or his particular property when destroyed by a fire accident. So the protection is against any damage that the fire causes.
Daksh9991:
Life insurance is a contract between an insurance policy holder and an insurer or assurer, where the insurer promises to pay a designated beneficiary a sum of money in exchange for a premium, upon the death of an insured person.
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Answered by
12
fire insurance is contract were by the insurer inconsideration of premium paid undertake to make goods any loss or damage caused by fire during a specified period upto the amount of specified in the policy
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can u ans wat is life insurance
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