Category: IC57 FIRE AND CONSEQUENTIAL LOSS INSURANCE – 04

Que. 1 : Q1) Under fire policy sum insured is Rs.1, 00,000/-, loss is Rs.60, 000/-, value of property at time of proposal Rs.1,50,000/-.value of property at the time of loss Rs.2, 00,000. What is the amount of loss payable?    1.  a) Rs.40,000/-    2.  b) Rs.30,000/-    3.  c) Nil    4.  d) Rs. 60,000/- Que. 2 : Q2) Which of the following […]