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An insurance principle which prevents an insured from making profit when compensated is known as

Commerce
WAEC 2014
An insurance principle which prevents an insured from making profit when compensated is known as
  • A. proximate cause
  • B. indemnity
  • C. insurable interest
  • D. utmost good faith
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Correct Answer: Option D
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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