INDEMNITY PRINCIPLE
indemnity principle.Insurance. The doctrine that an insurance policy should not confer a
benefit greater in value than the loss suffered by the insured. [Cases: Insurance 2104.]
[Blacks Law 8th]
indemnity principle.Insurance. The doctrine that an insurance policy should not confer a
benefit greater in value than the loss suffered by the insured. [Cases: Insurance 2104.]
[Blacks Law 8th]