in Finance by (257k points)

Question: Which of the following terms is dissimilar to the other four options?


  1.  Post-hospitalisation expenses 
  2.  Expenses on treatment of pre-existing diseases
  3.  Reinstatement value
  4.  Funeral expenses
  5.  Ambulance charges

Please log in or register to answer this question.

1 Answer

0 votes
by (735k points)
selected by
Best answer

3. Reinstatement value

'Reinstatement value' is dissimilar to the other four options.

Reinstatement Value means the cost of replacing or reinstating on the same site, property of the same kind but not better to or more extensive than the insured property when new.

Related questions