A husband took the life insurance policy of his wife. After one year the couple got
divorced and later on after two years the wife died. Will husband get compensation
from the insurance company ?

A company took fire insurance policy for Rs 5 lakh . After three months, due to fire, insured suffered a loss of Rs 2 lakh . How much money will company get as compensation and why?

A company took fire insurance policy for Rs 5 lakh . After three months, due to fire, insured suffered a loss of Rs 2 lakh . How much money will company get as compensation and why?

A member , who held all shares except one share of a timber company , insured the company's timber in his own name . Can he claim compensation from the insurance company ?

A transport company took an accident insurance policy for all its vehicles. A truck of that company carrying oranges met with an accident. Due to that accident three was no damager to oranges but oranges were unloading from that truck and reloaded to another . Due to time wastage in unloading and reloading, the oranges got spoiled. Will the company get compensation for loss of oranges from the insurance company or not ? Which principle is related with this case ? Explain that principle of insurance.

A company has undertaken a fire insurance policy for Rs 5 lakh. After two mounts due to fire it incurred a loss of Rs 2 lakh. How much amount will the company get as compensation ?