Question

An insured cannot recover more than his actual loss because of?​

Answer 1

Answer:

It has to be borne in mind that the principle of indemnity prevents the insured from getting more than the actual amount of loss. As a result of a loss, a person certainly cannot benefit or make a profit.

Answer 2

Answer:

It has to be borne in mind that the principle of indemnity prevents the insured from getting more than the actual amount of loss. As a result of a loss, a person certainly cannot benefit or make a profit.

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