Restoring an insured to the same condition as before a loss is an example of the principle of Indemnity. The principle of indemnity makes sure that the insurance contract protects and compensates you for any loss, damage or injury. The objective of an insurance contract is to make you "whole" in case of a loss, not to allow you to make a profit. Thus, the amount of your compensation for damages is directly related to the amount of damages you actually suffered.
The principle of indemnity states that an insurance policy will not provide compensation to the policyholder in excess of their financial loss. This limits the benefit to an amount that is sufficient to recover the policyholder to the same financial position they were in before the loss.
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Answer:
Probably the Kirat people.
Explanation:
While not a singular person, the Kirat people dominated Nepal in its earliest ages and documented their experiences well.
Answer:
lol naw
Explanation:
a 7 year itch ? if so that can easily be cured.. but 7 years non stop ??
Answer:
A larger army, but fewer exports
Explanation: