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What are the Features of Fire Insurance?
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What are the Features of Fire Insurance?
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Sep 22, 2022
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Insurance
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john ganales
What are the Features of Fire Insurance?
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Sep 22, 2022
by
john ganales
The important features of fire insurance are as follows:
Fire insurance is a contract executed between two parties.
The purpose is to protect the insured financially from the risk of fire.
In case of fire damage, the insurer guarantees compensation.
In this case, the insured property and the term of the contract must be specified.
This is a compensation contact. So in this case as much as the damage is done to try to make up.
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