Insurance policy

UMESH KUMAR SHUKLA (Querist) 17 April 2012 This query is : Resolved
is insurance policy an immovable property ?

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Devajyoti Barman (Expert) 17 April 2012
No, it is a valuable security falling within the category of movable assets.

Shonee Kapoor (Expert) 17 April 2012
No. Moveable asset.

Regards,

Shonee Kapoor
harassed.by.498a@gmail.com

R.K Nanda (Expert) 17 April 2012
No, it is movable property.

V R SHROFF (Expert) 18 April 2012
movable property.

prabhakar singh (Expert) 20 April 2012
is insurance policy an immovable property ?

If YES! is your doubt about your question then it is LAND which is MOVABLE property.

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