_________ means that insurer would assess and compensate only the exact amount of loss.

A. Certainty

B. Uncertainty

C. Probability

D. Indemnity

Answer: Option D

Solution(By Examveda Team)

Indemnity means that insurer would assess and compensate only the exact amount of loss. Indemnity insurance is a contractual agreement in which one party guarantees compensation for actual or potential losses or damages sustained by another party.