Value of a house is one lakh. The insured takes fire policy with two insurers one lakh each. How much is total claim payable by insurers together?

As insurance aims to cover losses and not to make it profitable to policyholders to make a profit out of an accident the total claim amount cannot be more than the value of the asset.

I agree with Mr. Subhranshu Ganguly answer insurance is aims to return the insured property to it's condition as it's pre the risk or the incident , and would like to add that insurance here is convert to a coinsurance as we have two insurers covering the same risk which is the insured house by fire insurance policy , therfore we should apply the average out of the total sum insurd one lakh and calculate the claim settlement as follows:-

insurer A. share =0.5 lakh

insure B. share =0.5lakh

total amount   =1 lakh

Thanking you.