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Question: Expanded form of PPL policy is ___________.

Options:

  1.  Policy Procedure of Interest
  2.  Policy Port of Interest
  3.  Policy Proof of Interest
  4.  Port Proof of Interest

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3. Policy Proof of Interest

Expanded form of PPL policy is Policy Proof of Interest.


More information:

Policy Proof of Interest (PPL) is the provision of a marine insurance policy where insurer agrees not to refuse coverage because of a lack of unprotected interest.

The insurer accepts the unsecured interest of the policyholder.

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