Pooja owns a bakery store in Pune. She has taken a fire insurance policy for 5 lakhs. After three months, due to fire, she suffered a loss of 2 lakh. How much money will she get as compensation?

3 lakh

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2 lakh

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5 lakh

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None of the above

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Solution

The correct option is B
2 lakh

The compensation that she will receive is 2lakhs.

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Pooja owns a bakery store in Pune. She has taken a fire insurance policy for 5 lakhs. After three months, due to fire, she suffered a loss of 2 lakh. How much money will she get as compensation?

The correct option is B 2 lakh The compensation that she will receive is 2lakhs.

The correct option is B
2 lakh

The compensation that she will receive is 2lakhs.