The term that describes the restoration of the insured person to the financial position that he or she was in before the loss occurred is called indemnity. This allows protection to the insurer in case of loss and damage and will protect against any legal quandry that may occur.
The term that describes the restoration of the insured person to the financial position that he or she was in before the loss occurred is called indemnity. This allows protection to the insurer in case of loss and damage and will protect against any legal quandry that may occur.
First, you have to find how many minutes he ran which would be 182 minutes. Then, to find out how many minutes he spent running each mile, you divide by 26. 182/26=7. 7 minutes per mile.