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Mashruba co. ltd. was insured their house worth $3,00,000 to Agrani insurance Company for 2,00,000 and company Pragati for 80,000 under an average policy. The
Mashruba co. ltd. was insured their house worth $3,00,000 to Agrani insurance Company for 2,00,000 and company Pragati for 80,000 under an average policy. The house was destroyed by fire and actual loss was ascertained 90000
a) The amount of insurance claim
b) Liability of insurer Agrani insurance Company
c) Liability of insurer Pragati insurance Company
a) The amount of insurance claim
b) Liability of insurer Agrani insurance Company
c) Liability of insurer Pragati insurance Company
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To calculate the amount of insurance claim we need to determine the average clause ratio first The a...
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Business Law The Ethical Global and E-Commerce Environment
Authors: Jane Mallor, James Barnes, Thomas Bowers, Arlen Langvardt
15th edition
978-0073524986, 73524980, 978-0071317658
