हिंदी

______ means a promise to compensate in case of loss. - Commercial Studies

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प्रश्न

______ means a promise to compensate in case of loss.

विकल्प

  • Causa Proxima

  • Doctrine of Subrogation

  • Indemnity

  • Contribution

MCQ
रिक्त स्थान भरें

उत्तर

Indemnity means a promise to compensate in case of loss.

Explanation:

The principle of indemnification is founded on the idea that the assured should only be compensated for the real loss in the event of a loss.

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Principles of Insurance
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2021-2022 (April) Set 1
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