Showing posts with label Fire insurance. Show all posts
Showing posts with label Fire insurance. Show all posts

Element of fire insurance contract


(1). Feature of general Contract:
All the features of general contract are also applicable to the fire insurance contract.

(a) Proposal:
The proposal for fire insurance can be made either verbally or in writing. The proposes gives the necessary description of the property to be insured. In practices the printed proposal from is used for the purpose. Introduction, type of properties, value of properties, construction, occupation, etc. are the various