Expanded form of PPL policy is ___________.

Question

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

Answer 1

3. Policy Proof of Interest

Expanded form of PPL policy is Policy Proof of Interest.

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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.