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Ask community Community Discussion Question: I hold two householder?s policies from two different insurance companies. What am I expected to do i
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[Post New] 9 Feb 2011 16:47:56 IST
   Subject: I hold two householder?s policies from two different insurance companies. What am I expected to
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Krishan Gujjar (0)

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I hold two householder?s policies from two different insurance companies. What am I expected to do in case of claim?
    
[Post New] 1 Apr 2011 12:31:10 IST
   Subject: I hold two householder?s policies from two different insurance companies. What am I expected to do i
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Honsha Man (0)

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first of all you should not insured your same property from two insurance companies but you took two insurance policy from two insurance companies so that according to the general insurance principle of contribution at the time of claim both insurance companies equally participate .i.e. if your claim amount is Rs. 50 both insurance companies pay you Rs.25 and Rs.25 only.
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