An agreement by the insurer to compensate the insured for...
An agreement by the insurer to compensate the insured for losses suffered is?
policy
surrender value
caveat emptor
indemnity
Correct answer is D
Indemnity in insurance refers to an insurance policy that compensates an insured party for certain unexpected damages or losses up to a certain amount
A country is said to be experiencing an unfavorable balance of trade if her ...
The payment made by government to producers to enable them reduce price is known as ...
The rules and regulations guiding the conduct of business transactions are known as ……...
The goods that are used for the production of other goods are known as ...
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The production process that combines two or more raw materials into one end product is ...
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The net profit of a business is determined by ...
The worth of a life insurance policy be maturity date is known as? ...
A supplier who needs to make additional charges for goods delivered will send ...