Legal principle of insurance contract | principle of insurance in Amharic

#Ermi_E_learning #Ermi_E-learning
7 Principle of Loss Minimization, the insured must always try their level best to minimize the loss of his insured property, in case of sudden events like fire etc. The insured must take all necessary steps to control and reduce the losses and to save what is left.
በዚህ ቻናል ሁሉም የአካውንቲን እና ፋይናስ ኮርሶች በጥሩ ሁኔታ ተዘጋጅተው ይቀርባሉ 🛑🛑🛑 ሰብስክራይብ በማረግ ቤተሰብ ይሁኑ
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7 Principle of Loss Minimization, the insured must always try their level best to minimize the loss of his insured property, in case of sudden events like fire etc. The insured must take all necessary steps to control and reduce the losses and to save what is left.

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[@raheltefera6996]

This is a very interesting statement. Thank you. I would like to ask you a question risk aydelem business law nw.
Discuss the application of insurable interest & doctrine of subrogation in life insurance by supporting provisions from the commercial code. if any

[@ErmiE-learning]

thank for you questions may be u can get some thing from this study see CH 2 and CH 3
opendocs.ids.ac.uk/opendocs/bitstream/handle/20.500.12413/7700/KIDAN%20ADMASSU%20FINAL.pdf?sequence=1

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Advance 1 chapter 4 አስተምረን