Advertisements
Advertisements
प्रश्न
Is insurable interest necessary in all insurance contracts?
संक्षेप में उत्तर
Advertisements
उत्तर
Yes, insurable interest is necessary in all insurance contracts. Insurable interest is an essential element in every insurance contract. In the absence of insurable interest, a contract of insurance becomes a wagering contract, which is null and void and unenforceable at law.
shaalaa.com
क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
