Principle of Indemnity. Will you get FULL SUM INSURED as CLAIM?

Hello Guys!
This video was one of the most interesting videos we have ever made.
We covered -
What is Principle of Indemnity in simple words?
How is Principle of indemnity in practice and can be applied?
How indemnity is Provided is explained
- cash
- repair
- reinstatement
- replacement
What are the other features of principle of indemnity?
what principle of indemnity is designed to cover?
what are the factors limiting payment of indemnity?
Is Full Sum insured given as claim amount?
Principle of indemnity example is also explained
Finally, exclusions of principle of indemnity and where the principle of indemnity is not applicable is explained.

i know this video is very much delayed but my hectic schedule did not allow me to post a new video.
We are making these videos purely for your educational purposes. what you see is 11 min and for those 11 min we work for over 15-20 hours.

Make sure to let us know in the comments if you like this video! :)
Take care you all!!!!

Previous videos -

Principles of Insurance
1. Utmost good faith
2. Insurable interest

Basics aspects of an Insurance Policy

When to insure

What the hell is insurance?

Added bonus video :)
Vande mataram on guitar

[zumbavijay]

Great video sir. It's giving lots of knowledge. Thank you so much for wonderful information 🙏

[sreeramgovardhan]

Good informative video sir, your videos will help a lot to all of the junior Surveyors.

[JehanNozerTaraporewalla]

So in the example of an industry that files of insurance on an equipment. Will indemnity include payment for the working days, the business was not running due to delay in payment or repair?

[ranjanrajagopalan]

Uncle says that making profit out of insurance policies is prohibited. Does that mean that all forms of trading/transferring of insurance policies are banned ?