In: Finance
1. What Is Double Insurance?
2. What Is The Definition Of Chambers Of Commerce?
It is entirely different from re-insurance. In this case the insured insures the same subject matter with more than on insurance company.
“Chambers of commerce is an voluntary association of merchants, financiers, manufactures and other engaged in business for the purpose of promoting and protecting the interests of its members and of the trade of the country as a whole”.
Answer1 : It is entirely different from re-insurance. In this case the insured insures the same subject matter with more than on insurance company.
Answer 2: “Chambers of commerce is an voluntary association of merchants, financiers, manufactures and other engaged in business for the purpose of promoting and protecting the interests of its members and of the trade of the country as a whole”.