………… Clause generally inserted in all general insurance contract to discourage under insurance
A)Specific clause
B)General clause
C)Valuation clause
D)Average clause

Question

Quizplus · Accepted Answer

The Average Clause is included in general insurance contracts to discourage under insurance. It does this by reducing the claim amount payable in proportion to the under-insurance of the asset.

………… Clause Generally Inserted in All General Insurance Contract to Discourage