an insurance “indemnity” program helps a museum by
A securing the area around artwork on loan while allowing the public to view it.
B allowing the museum to sue a person who damages a masterpiece on loan.
C replacing artwork on loan that is damaged beyond repair with a reproduction.
D covering the cost of valuable artwork on loan that is accidentally damaged.
The correct answer is: D covering the cost of valuable artwork on loan that is accidentally damaged.
An indemnity program in insurance provides financial protection to organizations, such as museums, against losses incurred from damages to items they have on loan. This means that if valuable artwork is accidentally damaged, the museum can receive compensation to cover the costs, ensuring they are not financially burdened by the loss. If you have any more questions or need further clarification, feel free to ask!