When an insured person admits that he has indemnified, he means that?

Commerce WAEC 1993

When an insured person admits that he has indemnified, he means that?

  • the insurance company has accepted his claim
  • the damaged properties has been recovered
  • he has paid his premium fully
  • the insurance company has restored him to his formal position checkmark
  • he has recovered benefits lost through acting in bad faith

The correct answer is: D

Explanation

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