When an insured person admits that he has indemnified, he means that?
COMMERCE
WAEC 1993
When an insured person admits that he has indemnified, he means that?
- A. the insurance company has accepted his claim
- B. the damaged properties has been recovered
- C. he has paid his premium fully
- D. the insurance company has restored him to his formal position
Correct Answer: D. the insurance company has restored him to his formal position
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