Insurance exp.

This query is : Resolved 

26 August 2015 We have done insurance of company's commercial lorry for the period from 11-05-2015 to 10-05-2016.

The above lorry has sold on dtd. 20-08-2015. Can we claim full insurance exp., Road tax etc. or need to calculate the same proportionately.

Please advise.

26 August 2015 You can claim full insurance. No need to do it on pro rata basis.


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