When the amount for which a subject matter is insured is more than its actual value is called

April 26, 2022

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When the amount for which a subject matter is insured is more than its actual value is called

Q. When the amount for which a subject matter is insured is more than its actual value is called__________.

A. Double insurance.

B. Over insurance.

C. Reinsurance.

D. Crop insurance.

Answer: Over insurance.

When the amount for which a subject matter is insured is more than its actual value is called

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