OVER-INSURANCE WHAT IS OVER-INSURANCE?

Insurance is an instrument used to indemnify the insured from a potential loss. When the actual loss does occur, insurance cover ensures that the insured is reinstated back to their original financial position prior to when the loss occurred. Over-insurance can be described as having excess insurance coverage/policies that covers the same risk or having Read more about OVER-INSURANCE WHAT IS OVER-INSURANCE?[…]