Which of the following does not support the principal of indemnity?

Question

Quizplus · Accepted Answer

The principle of indemnity states that an insured should be compensated to the extent of actual loss suffered, and should not make a profit from the insurance claim. The contract of adhesion, on the other hand, refers to a type of insurance contract where the terms and conditions are set by the insurer, with little or no negotiation with the insured. While it does not oppose the principle of indemnity directly, it can be seen as contradicting the principle of mutual agreement between the parties involved. Therefore, B is the correct answer.

Which of the Following Does Not Support the Principal of Indemnity