Question

Define the following term:

a) Sovereign b) Indemnity
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Answer 1

b)Indemnity is a comprehensive form of insurance compensation for damages or loss. ... With indemnity, the insurer indemnifies the policyholder—that is, promises to make whole the individual or business for any covered loss.

a(noun, plural sov·er·eign·ties. the quality or state of being sovereign, or of having supreme power or authority. ... supreme and independent power or authority in government as possessed or claimed by a state or community.

Answer 2

Answer:

a). A supreme ruler,especially a monarch.

b). A security Or protection against a loss Or other financial burden.

Explanation:

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