The right which an insurer has to stand in the place of t...
The right which an insurer has to stand in the place of the insured against a negligent party is?
insurable interest
subrogation
proximate cause
contribution
Correct answer is B
Subrogation is a term describing a legal right held by most insurance carriers to legally pursue a third party that caused an insurance loss to the insured. This is done in order to recover the amount of the claim paid by the insurance carrier to the insured for the loss.
life insurance is a contract of? ...
Insurance is defined as pooling of risk because many people ...
The peril insured against by musa is ...
In an endowment policy, benefits are paid at death or ...
The person named to recieve the life assurance proceeds after the date of the life assured...
The person that buys a life insurance policy is an ...
payment of compensation under professional indemnity insurance would be influenced by? ...