How the princicples of insurable interest, utmost good faith, proximate cause, indemnity' relate to property i

indemnity' subrogation and contribution relate to property insurance

A person will sustain damage or loss if a property damage to have an insurable interest on the property.

Utmost good faith must exercised in the custody of properties that are possessed by a person.

Proximate cause is the happening of an event that resulted to the damage or loss of a property.

Indemnity is the compensation paid by the insurer for the damage or loss of a property.

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