Restoring a policy holder to his pre-loss financial position means ______________.

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Looking for the answer to the question below related to Insurance?

Restoring a policy holder to his pre-loss financial position means ______________.

 Options:

 

A. Contribution
B. Indemnity
C. Goodwill
D. Liquid Asset

 

The Correct Answer Is:

  • B. Indemnity

Conclusion

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