Which principle is accurately described with the statement "Insureds are entitled to recover an amount NOT greater than the amount of their loss"?

Which principle is accurately described with the statement "Insureds are entitled to recover an amount NOT greater than the amount of their loss"? 


A) Unilateral
B) Indemnity
C) Aleatory
D) Utmost good faith


B) Indemnity

Popular posts from this blog

Give the von Neumann-Morgenstern utility function.

Life income joint and survivor settlement option guarantees