Mr Chidi insured his house against fire. The house was destroyed by flood. Which of the following principles prevented him from being compensated??

By: |Published on: Jul 23|Categories: Commerce WAEC| 0 comments

A. Uberrimae fidei
B. Subrogation
C. Indemnity
D. Proximate cause
E. Insurable interest

Correct Answer:

Option D – Proximate cause

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