Transfer of rights and remedies of the insured to the insurer after indemnity has beeneffected is called __________.

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Transfer of rights and remedies of the insured to the insurer after indemnity has beeneffected is called __________.

 Options:

 

  • A. Insurable interest.
  • B. Subrogation
  • C. Proximate clause.
  • D. Money back policy.

 

The Correct Answer Is:

  • B. Subrogation

Conclusion

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