Certainty
Uncertainty
Probability
Indemnity
✅ The correct answer is D.
Indemnity means that insurer would assess and compensate only the exact amount of loss. Indemnity insurance is a contractual agreement in which one party guarantees compensation for actual or potential losses or damages sustained by another party.
Indemnity means that insurer would assess and compensate only the exact amount of loss. Indemnity insurance is a contractual agreement in which one party guarantees compensation for actual or potential losses or damages sustained by another party.