Business Studies, asked by priyanshubaghel072, 9 months ago

which type of insurance is not a contract of indemnity​

Answers

Answered by Anonymous
2

Answer:

Life insurance

A life insurance contract does not resemble a contract of indemnity because the insurer does not undertake to indemnify the assured for any loss on maturity or death of the assured but promises to pay sum assured in that event.

hope it helps..

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