Insurance contracts by their very nature are indemnity contracts.
Correct Answer:
Verified
Q2: To whom may an insured apply in
Q3: Which of the following is NOT a
Q4: Insurance aims to protect parties by spreading
Q5: Which of the following is an example
Q6: At common law,the insured in every contract
Q8: Which of the following statements about subrogation
Q9: Does an innocent misrepresentation in an application
Q10: Sophie over-insures her car,worth $10,000,for $12,000.If the
Q11: The aim of a contract of indemnity
Q12: Before an insured party can place a
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