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    Risk Management and Insurance Study Set 1
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    Exam 11: Insurance Contracts
  5. Question
    The Principle of Indemnity
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The Principle of Indemnity

Question 26

Question 26

Multiple Choice

The principle of indemnity:


A) is illegal in many countries
B) reduces the occurrence of overstating claims
C) only applies in life and health insurance
D) eliminates insurance fraud

Correct Answer:

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