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…A clause that prevents the insurer from paying under…Which of these insurance principles requires a close…The insured who suffered a loss would be entitled to…A document issued by an insurer giving temporary…