Identify the principle that discourages insureds to cause intentional losses to gain from insurance contracts.
A)Expectations principle
B)Principle of subrogation
C)Redlining principle
D)Principle of indemnity
E)Principle of adhesion

Question

Quizplus · Accepted Answer

The Principle of Indemnity ensures that insureds are compensated for their losses without profiting from their insurance policies, thereby discouraging intentional losses for gain.

Identify the Principle That Discourages Insureds to Cause Intentional Losses