Category: IC11 PRACTICE OF GENERAL INSURANCE EXAM – 11

Que. 1 : Q1) Under which of the following circumstances reinstatement basis of settlement will not apply under Fire reinstatement value policy.    1.  a) insured fails to intimate to the insurer within 6 months or any extended time to replace the damaged property    2.  b) insured is unable to replace the damaged property    3.  c) insured is unwilling to […]