Gkseries.com

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.

Exit mobile version