Elucidate do property insurance policies contain exclusion

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Reference no: EM1382758

Q. Property insurance policies cover lots of damages loss caused directly or indirectly. But not all. There are still some losses excluded regardless of any other cause or event contributing concurrently. Elucidate why do property insurance policies contain exclusions? Will exclusion result in partial recovery? Illustrate your answer to the previous two questions with examples from the HO.

Reference no: EM1382758

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