Discuss the object behind double insurance.

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Kavithayini Kannadasan

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The object of double insurance is to insure the risk of the person, for the same property which is being insured earlier with some other insurance company.For example, a person can take any number of policies on his life and can recover the amount secured under every policy.
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The object of double insurance is to insure the risk of the person, for the same property which is being insured earlier with some other insurance company.For example, a person can take any number of policies on his life and can recover the amount secured under every policy.
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The object of double insurance is to insure the risk of the person, for the same property which is being insured earlier with some other insurance company.For example, a person can take any number of policies on his life and can recover the amount secured under every policy. read less
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