A(n) _______ provides specified benefits regardless of whether the actual expenses are greater or less then the benefits.

Question

Quizplus · Accepted Answer

An indemnity policy provides specified benefits regardless of whether the actual expenses are greater or less than the benefits. This means that the insured person will receive a fixed amount of money as compensation for the covered expense, whether it is more or less than the actual cost.

A(n) _______ Provides Specified Benefits Regardless of Whether the Actual