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

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

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