If the insured has been fully indemnified, the insurers are entitled to take any advantage...

COMMERCE
WAEC 2003

If the insured has been fully indemnified, the insurers are entitled to take any advantage due the insured. The principle of insurance involved is?

  • A. indemnity
  • B. suborgation
  • C. contribution
  • D. insurable interest

Correct Answer: B. suborgation



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