Mr Chidi insured his house against fire. The house was destroyed by flood. Which of…

Commerce WAEC 1996

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

  • Uberrimae fidei
  • Subrogation
  • Indemnity
  • Proximate cause checkmark
  • Insurable interest

The correct answer is: D

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