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Accepting Benefits Greater Than Actual Loss
Is it permissible to accept insurance benefits greater than the amount of actual losses incurred based on the annual payment of premium covering a greater loss than the one experienced?
It is not lawful to accept benefits greater than the amount of actual losses incurred based on the annual payment of premium that insures a greater loss than the one suffered. According to Islamic law, insurance benefits received must be commensurate to the amount of actual loss undergone.

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