The Average Clause in a loss of profit policy prortects the -

Related MCQs

• Stock of goods destroyed by Fire Rs. 10000 Stock of goods salvaged Rs. 2000, Value of insurance policy Rs. 9000. There is an average clause in the policy, Then the Amount of claim is -
• Consequential loss policy indemnifies -
• Consequential loss policy for fire insurance gives insurance againest -
• Opening stock Rs. 25000, Purchases Rs. 125000, Sales Rs. 150000, Goods salvaged Rrs. 10000 and Gross Profit is 50% on cost, then the cost of the goods burnt by fire is -