which of the following policies can be used as security for a loan.
Mr Aderemi owns a car which was insured under comprehensive policy. while insuring the car, he did not inform the company that his wife who have no driving licence also drives the car. the wife while driving the car, came face to face with rioters who damaged the car.
the insurance prinsiple that deals with mr adeyem's failure to inform the insurer about his wife's usage of the car is?
what is the effect of the damage by rioters as regards the claim. he will?
what is the proximage cause of the damage to the car
surrender value is the amount payable if the insured