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wonderlic tests
EXAM REVIEW
NCCCO Examination
Summary
Class notes
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NCLEX EXAM
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Study guide
Latest nclex materials
HESI EXAMS
EXAMS AND CERTIFICATIONS
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ATI EXAM
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PORTAGE LEARNING
Ihuman Case Study
LETRS
NURS EXAM
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DMV
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California Life Accident And Health Insurance State Exam Questions And Answers
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Question Number 5
WHICH OF THE FOLLOWING BEST DESCRIBES A CONTRACT OF INDEMNITY UNDER INSURANCE?ATHE INSURED IS RESTORED TO THE SAME FINANCIAL CONDITION AS PRIOR TO THE LOSS, WITH NO INTENT OF LOSS OR GAINBTHE INSURED INDEMNIFIES THE INSURER FOR ANY EXPENSES IN ADJUSTING THE LOSSCTHE INSURED SUSTAINS A LOSS AS A RESULT OF THE LOSS
ATHE INSURED IS RESTORED TO THE SAME FINANCIAL CONDITION AS PRIOR TO THE LOSS, WITH NO INTENT OF LOSS OR GAIN
✔ Correct Answer:
ATHE INSURED IS RESTORED TO THE SAME FINANCIAL CONDITION AS PRIOR TO THE LOSS, WITH NO INTENT OF LOSS OR GAIN
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