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:The losses suffered by a sole proprietor are?In the absence of partnership agreement, profits and…The demand for payment made by the insured to the…A document issued by an insurer giving temporary…The insured who suffered a loss would be entitled to…