The principle which prevents an insured from receiving a claim that is more than the...

COMMERCE
JAMB 2022

The principle which prevents an insured from receiving a claim that is more than the value of the loss, if the property is insured by more than one company is

  • A. indemnity
  • B. contribution
  • C. proximate cause
  • D. uberrimae fidei

Correct Answer: B. contribution



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