Describe five circumstances under which an insurance company may not compensate the insured in the event of loss
Answer Text: -when insured had no insurable interest in the property destroyed as he will not suffer any financial loss-When the insured did not enclose all his relevant facts-When the property has been destroyed by naturaldisaster as this is notinsurable-when the loss occurred due to willful action or if the insured causes the loss-When the insured fails to claim within the stipulatedperiod.
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