When the same risk and subject matter is insured with more than one insurer is called............ | Faculties

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Mr. Dubey

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📊 Basics of Banking and Insurance

Q. When the same risk and subject matter is insured with more than one insurer is called............

(A) insurance of insurance
(B) retrocession
(C) double insurance
(D) none of these

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✅ Correct Answer: (C) double insurance

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