Mention some uncertainties which can cause losses or damage to property and lives.
Fire, burglary, death and so on are some uncertainties which can cause losses or damage to property and lives.
Large volumes of water that causes damage to property and loss of lives near water bodies is called as ___.
Mention which function explains the following:
It is the duty of the insured to take reasonable steps to minimise the loss or damage to the insured property.