Economy, asked by pk0079879, 3 days ago

Doctrine of Indemnity is applicable in LIfe Insurance. *

Correct

Incorrect

Answers

Answered by borahaeBangtan7

Answer:

correct

Explanation:

In the case of life insurance policies, the principle of indemnity does not apply. ... Since the value of human life cannot be ascertained, the principle of indemnity does not apply as it is not possible to quantify the loss. Life insurance policies are fixed benefit policies.

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