An agreement by the insurer to compensate the insured for losses suffered is? By: Sunday|Published on: Dec 16|Categories: Commerce JAMB| 0 comments A. policy B. surrender value C. caveat emptor D. indemnity Correct Answer: Option D – indemnity Users Also Read These:Restoring the insured to his former position by the…An insurance policy is subject to a franchise of…Which of these insurance principles requires a close…The insurance principle which expects the insured…The losses suffered by a sole proprietor are?SEE ALSO An aspect of marketing that stimulates buying by providing free gifts is?