Home » An agreement by the insurer to compensate the insured for losses suffered is?An agreement by the insurer to compensate the insured for losses suffered is? An agreement by the insurer to compensate the insured for losses suffered is? A. policy B. surrender value C. caveat emptor D. indemnity Correct Answer: Option D Explanation Related Posts What is ‘Developing Premises’ in the process of planning? What Does Food Security Mean? Do You Think That Financial Statement Analysis Is a Post-mortem of Business Transactions? How Is the Financial Statement Analysis Useful to Financial Manager? How Is an Analysis of Financial Statements Important to Government Authorities? What is Cross-Sectional Analysis?