4. Explain the principles of insurance.
See the attachment, S ofcourse, btw your intro, my name Narayan class 11 age 17.
See the attachment, S ofcourse, btw your intro, my name Narayan class 11 age 17.
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Answer:
myself Sofia
From INDIA but bore in South Korea.
Explanation:
In the insurance world there are six basic principles that must be met, ie insurable interest, Utmost good faith, proximate cause, indemnity, subrogation and contribution. Insurable Interest. The right to insure arising out of a financial relationship, between the insured to the insured and legally recognized.
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Verified answer
Answer:
In the insurance world there are six basic principles that must be met, ie insurable interest, Utmost good faith, proximate cause, indemnity, subrogation and contribution. Insurable Interest. The right to insure arising out of a financial relationship, between the insured to the insured and legally recognized.