Explain the difference between a standard sasria cover and the war exclusion under household buildings policy by making use for examples.
explain the relationship between the sasria loss limit and the companies act 1973
explain the relationship between the sasria loss limit and the companies act 1973
things that are not covered at all in property cover
sasria was formed on the 25th JAN 1979 and was registered under section 21 of the companies Act as an association incorporated not for gain. The objective of sasria was set out to make provision for insurance for protection of assets against defined perils. The perils include politically motivated acts, acts of terrorism and political riots. The theory behind this is that the insurance should be coverd for every insurable eventuality, so that in the event of claim, either the sasria policy or the underlying policy would respond thus limiting most gaps in the cover.
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