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प्रश्न
Define fire insurance.
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उत्तर
Fire insurance is a contract under which the insurance company (insurer) agrees to identify the insured in return for the premium against damage or loss. To property caused by fire during an agreed period of time and up to a specified amount. A fire insurance policy provides protection against damage or loss to property, i.e., buildings, furniture, goods, etc., caused by fire.
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संबंधित प्रश्न
List any five important types of policies.
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Give one example of Non-Insurable Risk.
What do you understand by 'Health Insurance'?
Falsification of records, alteration of figures and keeping two sets of accounts are examples of ______ fraud.
Explain the procedure for taking a marine insurance policy.
Describe the procedure for establishing a claim and its settlement in marine insurance.
Distinguish between Life Insurance, Fire Insurance, and Marine Insurance.
