Principle of insurance

1.	Principle of insurance
Answer» The seven principles of insurance are :-1.Principle of Uberrimae fidei (Utmost Good Faith),2.Principle of Insurable Interest,3.Principle of Indemnity,4.Principle of Contribution,5.Principle of Subrogation,6.Principle of Loss Minimization, and7.Principle of Causa Proxima (Nearest Cause).

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