Ifa person has taken insurance of fire for his company  and nothing happen to its company in the future, then what will happen to the amount which he had deposited to the insurer?

Asked by shiphalijain | 5th Oct, 2017, 04:39: PM

Expert Answer:

Generally the fire insurancy policy is for a period of one year after which is to be renewed from time to time. The premium amount may be paid either in lump-sum or instalments.   

Answered by Tharageswari S | 6th Oct, 2017, 09:45: AM