which of the following is a subject matter of insurance in fire policy

Assessment: WAEC SSCE - Insurance - 2016 (Objective) Subject: Insurance

Question 1 Report

which of the following is a subject matter of insurance in fire policy

Answer Details
The subject matter of insurance in fire policy is the building. Fire insurance is a type of property insurance that provides coverage against damages and losses caused by fire. In a fire policy, the subject matter of insurance is the property or building that is being insured against the risk of fire. The insurance company agrees to compensate the policyholder for any damages or losses that result from a fire, subject to the terms and conditions of the policy. Therefore, the building is the subject matter of insurance in a fire policy.
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