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 insurance policy is subject to a franchise of…The demand for payment made by the insured to the…A clause that prevents the insurer from paying under…A document issued by an insurer giving temporary…Restoring the insured to his former position by the…