The principle of subrogation stated that
COMMERCE
JAMB 2015
The principle of subrogation stated that
- A. An insured person should be indemnified to the time of the amount insured
- B. An insurance company constant in lace of the insured in dealing with third party.
- C. Only a person who is likely to suffer loss hold take out an insurance cover
- D. There must be accuse connection between the actual loss suffered and risk insure
Correct Answer: B. An insurance company constant in lace of the insured in dealing with third party.
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