Answer:
answer is principle of indemnity
Explanation:
solution
profit from an insurance transaction is called the principle of indemnity
here indemnity means security or the protection against any financial liability so
Principle of indemnity is restoring the insured to the same financial condition as before the loss of it
it mean there is no profit also
so answer is principle of indemnity
Answer:
The especially harsh winter of 1777-1778 put the American army to the test, and hundreds of the 11,000 troops posted at Valley Forge died of disease. The suffering soldiers, on the other hand, were kept together by their devotion to the Patriot cause and to General Washington, who remained with his men.
According to Sered and Fernandopulle, in their article "sick out of luck," the situation that people like Fran and Lenny find themselves in is <u>private insurance.</u>
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Any health insurance plan presented by means of a personal preferred coverage organization rather than the authorities is known as a personal health plan. these plans provide access to better sum insured and superior medical care, usually at a better top rate.
Private health insurance is medical coverage bought immediately by a character. This coverage can be for the person alone or for the individual and his or her own family and dependents.
Private health insurance is commonly funded via blessings plans provided by employers. Examples consist of: Blue pass and Blue protect medical health insurance corporations.
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Learn more about health insurance here: brainly.com/question/1941778
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