American_Bankers_Association
CTFA · Question #377
CTFA Question #377: Real Exam Question with Answer & Explanation
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Question
What is that principle which states that an insured may not be compensated by the insurance company in an amount exceeding the insured's economic loss?
Options
- APrinciple of cash value
- BPrinciple of indemnity
- CRight of subrogation
- DCo-insurance
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