January 12, 2026
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Underinsurance in Fire Insurance: Meaning, Average Clause, and Real Claim Examples

urvaksh.ghadiali@gmail.com13 mins

Underinsurance in fire insurance explained. Learn what the Average Clause means, how claims get reduced, and how to avoid underinsurance with practical examples. What Is Underinsurance in Fire Insurance? Underinsurance occurs when the Sum Insured is lower than the actual value of the property insured.In simple words, the asset is worth more than the value…

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What Are Alternate Beneficiaries on a Life Insurance Policy? How Can They Secure Your Future? 5 Essential Facts Explained.

Urvaksh03 mins

Learn how to safeguard your loved ones’ financial future with alternate beneficiaries in life insurance. Discover the importance of choosing wisely and updating your policy for peace of mind. Introduction: When it comes to life insurance, planning for the unexpected is crucial. Understanding the role of an Alternate Beneficiary ensures that your loved ones are…

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