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Here, the insurer and insured will be the co-insurers for Rs 1, 00,000 and Rs 50,000 respectively. When, in such a case, Rs 30,000 stock is lost, then the Insurance Company indemnifies only Rs 20,000 i.e. 30,000 x 1,00,000/1,50,000 and the balance Rs 10,000 i.e. Rs 30,000 x 50,000/1,50,000 is met by the insured himself.... insurance contracts for investors with ... Therefore, investment in life insurance requires considerable commitment and a rela- tively long planning horizon.
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Tivly partners with qualified insurance companies across the United States to offer insurance quotes for a wide range of insurance policies, including general liability insurance, business owner’s policies, property …
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