A. cover for exporters against risks
B. cover for importers against risks
C. full payment to the insured
D. consolation payment to the insured
Correct Answer:
Option D – consolation payment to the insured
Explanation
Non-indemnity insurance tends to cover things with no real replacement value.
Indemnity means that the insured is entitled to a specific amount of compensation for a loss that is tied to a replacement, reimbursement, or fair-market value
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