The contract of fire insurance is a contract of _________________.

certain indemnity

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full indemnity

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strict indemnity

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none of the above

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Solution

The correct option is C
strict indemnity

The contract of fire insurance is a contract of strict indemnity.

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Similar questions

Which of the following is not applicable in life insurance contract?

(a) Conditional contract

(b) Unilateral contract

(d) None of the above

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