In the case of underinsured and the loss is partial, the insurer will be applying contribution. True or False? Explain a

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answerhappygod
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In the case of underinsured and the loss is partial, the insurer will be applying contribution. True or False? Explain a

Post by answerhappygod »

In the case of underinsured and the loss is partial,
the insurer will be applying contribution. True or False? Explain
and give an example?
In life insurance, insurable interest must exist during
all time of duration of a policy. True or False?
Explain?
Limitations of liability is the maximum amount payable
by an insurance policy. True or False? Explain?
The exclusions are perils, risks, losses, and
properties that are not covered in an all risk policy. True or
False? Explain and give an example?
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