An insurance principle which prevents an insured from making profit when compensated is known as...
COMMERCE
WAEC 2014
An insurance principle which prevents an insured from making profit when compensated is known as
- A. proximate cause
- B. indemnity
- C. insurable interest
- D. utmost good faith
Correct Answer: D. utmost good faith
Post an Explanation Or Report an Error
If you see any wrong question or answer, please leave a comment below and we'll take a look. If you doubt why the selected answer is correct or need additional more details? Please drop a comment or Contact us directly. Your email address will not be published. Required fields are marked *