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Question 6 (INSURANCE LAW) Identify the four (4) key terms in Insurance Law. Briefly explain what indemnity means in Insurance Law. (3 marks) Briefly explain

Question 6 (INSURANCE LAW)

Identify the four (4) key terms in Insurance Law.

Briefly explain what indemnity means in Insurance Law. (3 marks)

Briefly explain what the 'doctrine of subrogation' means and discuss its effect on the parties to an insurance contract. (4 marks

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