An agreement by the insurer to compensate the insured for losses suffered is? by Sunday | Dec 16 | Commerce JAMB | 0 comments A. policy B. surrender value C. caveat emptor D. indemnity Correct Answer: Option D – indemnity Users Also Read These:An insurer will recover claims paid wrongly to an…Which of these insurance principles requires a close…The amount which the insured pays the insurer…The losses suffered by a sole proprietor are?In the absence of partnership agreement, profits and…