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fire insurance

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Querist : Anonymous

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Querist : Anonymous (Querist)
31 July 2010 can u explain detail of indemntiy period and y it is beibg use?
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CA SURENDRA KUMAR RAKHECHA

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CA SURENDRA KUMAR RAKHECHA (Expert)
01 August 2010 Indemnity period means the period for which the goods are insured.

After indemnity period expires; goods don't remain insured.

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