Pls help ASAP What is the purpose of the "Pair and Set" clause in a Propertyinsurance policy?It obliges the insurer to pay a total loss if any item of a pair or set of items is lost ordamaged.It limits the liability of the insurer to not more than 25% of the total value of a pair orset that is lost or damaged.It protects the insurer from having to pay for a total loss when only part of a pair orset is lost or damaged.It warrants that earrings of precious or semi-precious stones are properly set intheir mounting, failing which no loss will be paid by the insurer.

A property insurance policy is an agreement in which the entity providing insurance coverage called…

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