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A factory owner took a fire insurance po...

A factory owner took a fire insurance policy for his factory without informing the insurance
company that he received notice from electricity department to get the wiriing of the factory
repaired. After six mounts of taking policy the factory caught fire due to faulty wiring . Will
the factory owner get compensation for the loss due to fire? which principle of insurance is
related with this case ? Explain that principle .

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