Insurance by tradition provides a safety net for the survival of businesses and individuals in society. The significance of this role cannot be overemphasized. The sector’s contribution to the GDP has ...
An insurance contract, like every other contract, is underpinned by valid and tested principles which are the very essence of its wide applicability and growth overtime. Parties to an insurance ...
What is the Average Clause in a Fire Insurance Policy?The average clause is a condition in a fire insurance contract designed to prevent underinsurance. It ensures that the compensation you receive ...
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