Chapter 4 - Property Insurance Flashcards
1
Q
The case of Oddy c Phoenix assurance co ltd 1966 provided a legal definition for:
A
Land slip
2
Q
I’m relation to ‘all risks’ insurance consequential loss is best described as
A
An absolute exclusion
3
Q
The sun insured under a first loss policy will be
A
Less than the value of the property insured
