The Concept of Indemnification

The concept of indemnification

A) usually leaves the insured with a small profit.
B) is relevant to third party coverage, but not first party coverage.
C) is important to the concept of an insurable interest.
D) applies only if the premiums that the insured paid are equal to the value of the property that was lost or damaged.
E) means that the benefit paid under a policy is always large enough to allow the insured to buy a new piece of property as replacement for the one that was damaged or lost.