Commerce WAEC

Restoring the insured to his former position by the insurer in the event of his suffering the specified loss is called?
Restoring the insured to his former position by the insurer in the event of his suffering the specified loss is called?Restoring the insured to his former position by the insurer in the event of his suffering the specified loss is called?

A. Subrogation
B. Compensation
C. Indemnity
D. Contribution
E. Surrender value

Correct Answer:

Option C – Indemnity

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5 years ago

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