The correct answer is B. Indemnity.
Indemnity is the principle that an insured person should be restored to the same financial position they were in before the loss occurred. This means that the insured is not entitled to make a profit on their loss.
Subrogation is the right of an insurer to take legal action against a third party who is responsible for the insured’s loss.
Insurable interest is the requirement that an insured person must have a financial interest in the insured property in order to make a claim.
Contribution is the principle that when two or more insurers are liable for the same loss, each insurer must contribute to the loss in proportion to their share of the risk.