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medulla medulla
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Posts: 653
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7 years ago
What is the principle of indemnity?
A) A court precedent that gives insureds the right to sue their insurers if they get bad claims service
B) The rule that a person may not collect more than his actual loss in the event of damage caused by an insured peril
C) The rule that a person will not be reimbursed for a loss unless he can show proof of loss
D) A way of requiring a person to pay a premium
Textbook 
Introduction to Risk Management and Insurance

Introduction to Risk Management and Insurance


Edition: 10th
Authors:
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jameeljameel
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Posts: 458
7 years ago
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medulla Author
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7 years ago
Thanks for your help!!
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You make an excellent tutor!
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Thank you, thank you, thank you!
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