Insurance policy claims

yasaswi gomes (My grammar is 💯 good I)   (7296 Points)

09 June 2020  

Hi,

Does any company include insurance coverage in its receivables?

eg., if a shop insurance policy was purchased for an amount, and it has a coverage of 1,00,000₹ amount from damage/fire/theft, then is it included in receivables?

I don’t think so right?

txs.