Question: Explain the difference between indemnity value and replacement value.
Explain the difference between indemnity value and replacement value.
Step by Step Solution
3.42 Rating (155 Votes )
There are 3 Steps involved in it
Indemnity value and replacement value are two different concepts related to insurance particularly in the context of property insurance They represent ... View full answer
Get step-by-step solutions from verified subject matter experts
