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.
The second document issued to the Eke is ...
which of the following benefits will be covered under personal accident insurance ...
Which of the following conditions must be met before an insurer is under obligation to pay claim ...
modern insurance business was introduced into nigeria by? ...
A general question in an insurance proposal form is ...
The first insurance company to establish its branch office in Nigeria is ...