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 insured who suffered a loss would be entitled to…The losses suffered by a sole proprietor are?An insurance policy is subject to a franchise of…An insurer will recover claims paid wrongly to an…The insurance principle which expects the insured…