Category: IC11 PRACTICE OF GENERAL INSURANCE EXAM – 15

Que. 1 : Q1) Under which of the following circumstances reinstatements 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) Insurer is unable to replace the damaged property    3.  c) Insured in unwilling to […]