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:A document issued by an insurer giving temporary…An insurance policy is subject to a franchise of…Which of these insurance principles requires a close…An insurer will recover claims paid wrongly to an…The demand for payment made by the insured to the…