INSTRUCTIONS: Choose the Word or Phrase in [ ] Which

Multiple Choice

INSTRUCTIONS: Choose the word or phrase in [ ] which will correctly complete the statement.
-The Principle of [Indemnity | Peril] states that the insured may not be compensated by the insurance company in an amount exceeding the insured's economic loss.

A) for the first item
B) for the second item
C) if neither item will correctly complete the statement.