Insurance against burglary is an example of

Insurance against burglary is an example of

  • A.
    indemnity insurance
  • B.
    fidelity guarantee insurance
  • C.
    non-insurable risk
  • D.
    non-indemnity insurance
Correct Answer: Option A
Explanation

Indemnity insurance is a contractual agreement in which one party guarantees compensation for actual or potential losses or damages sustained by another party.

You May Also Like