a) -The policy cannot be assigned to anybody else
b)-Policy is a contract of indemnity
c)-The policy is usually renewable / short contract /term
d)-Insured must have insurable interest
e)-The policy has no surrender value
f)-Compensation attached to actual value of loss / to the sum insured.
lydiajane74 answered the question on October 23, 2017 at 07:44
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