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alexgriva [62]
4 years ago
13

The principle of indemnity would prevent:

Social Studies
1 answer:
OverLord2011 [107]4 years ago
6 0

Answer:

Principle of indemnity

Explanation:

Principle of indemnity is term used in insurance business which ensured for fixed return  but not more than the loss that one has.

Principle of indemnity ensured the insured to return that amount that is near to same financial position that has before loss has occurred and if insured amount is greater than original value then it should not claim one to get more money.

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