C. restoring the person to the financial position he or she had before the loss
Step-by-step explanation:
The definition of indemnity is - restoring the person to the financial position he or she had before the loss.
In general, indemnity refers to the protection against any financial loss. The indemnity also provides protection to the people insured in case of loss and damage. This also protects the insurers against any legal hassle that may occur.
