Question
The principle ensuring an insured is not compensated
more than the actual loss is:Solution
The principle of indemnity states that an insured should not profit from an insurance claim. The insurer's liability is generally limited to compensating the insured for the actual financial loss suffered.
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The Indian Evidence Act, 1872 came into force on
The Central Public Information Officer or State Public Information Officer, as the case may be, shall, as expeditiously as possible, and in any case wit...