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Explain five reasons why the insured may not be compensated despite suffering a loss

Explain five reasons why the insured may not be compensated despite suffering a loss

Answers


Lydia
When the insured has deliberately caused the loss
Failure to comply with the principle of utmost good faith
When the insured has no the insurable intrest in the property being insured
When the cause of the loss is different from the pay premium
Failure to pay premium
lydiajane74 answered the question on November 9, 2017 at 13:16

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