Question: Which clause specifies the process to be followed when more than one policy covers the same loss? A Loss payable clause B Assignment C Other

Which clause specifies the process to be followed when more than one policy covers the same loss?

A

Loss payable clause

B

Assignment

C

Other insurance clause

D

Loss payment clause

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!