Home » Commerce » The principle of insurance that prevents the insured from benefiting in an event where he…The principle of insurance that prevents the insured from benefiting in an event where he… The principle of insurance that prevents the insured from benefiting in an event where he suffers no material or financial loss is A. Indemnity B. insurable C. proximate cause D. subrogation E. utmost good faith Correct Answer: Option C Explanation Related Posts A share premium is an example of? The difference between current assets and current liabilities is The circulating capital of a business enterprise is classified into? One of the features of a supermarket is The difference between the buying price and the selling price of a share is referred… When a company buys up firms supplying it with raw materials, this is an example…
