SPONSORED: www.CrazyFans.com

backup content in case it doesn't work

How does an indemnity operate in non- marine insurance?

MCA Oral Exam Questions
Typography

An indemnity is for the value of the subject matter insured at the time of its loss, i. e. the insurers will place the assured in the same financial position as he occupied immediately prior to his loss. That is why insurers will assess the value of a written-off car before paying a claim.

BLOG COMMENTS POWERED BY DISQUS