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PolicyWala Fan
Claim amount payble for restatement policy and market value policy
Hey Guys,
I have one question, can you help me out -
If there is a loss of 100000 and sum insured is 1000000 and reinstantement value is 1200000 and rate of depreciation is 10% in this case what will be the claim amount payble in case of -
a)restatement policy
b) market value policy
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