Sir,answer the question 3(i)

(b) Explain the Principle of principle of Subrogation. (c) When Principle of Contribution operates in Insurance Contract? Property Period Peril Covered surprising Hey reach a particular Policy Sum Insured 100,000 01/01/2017 to 31/12/2017 Fire t birthday when the child A Storehouse Machineries 500,000 01/07/2017 to 30/06/2018 Fire wn life usually takes out a B C 300,000 lected date that is the day Car Accident K. It 01/01/2017 to 31/12/2018 Machineries & If the father dies before Storehouse 300,000+200,000 01/07/2017 to 31/12/2017 Fire when dit e child on the selected E Car 1,000,000 30/06/2017 to 31/12/2019 Accident to be paid from the F Machineries 300,090 01/07/2016 to 30/06/2017 Fire Machincries & child dies before the G Storehouse 500,000+100,000 01/01/2017 to 31/12/2020 Lightening ed by the father for ly date or his death i. On December 15, 2017, a fire broke out in the factory building and its storehouse. It was measured that the total loss was Tk. 400,000 of which Loss of Tk. 1,00,000 is attributed to of policies under for the Storehouse and the remaining Tk. 300,000 is attributed to Machineries. Show how the company will be indemnified from different policies. certain aspects of ii. . On same day, one of the delivery vans of the company was severely damaged due to an accident on Dhaka-Chittagong Highway. Show how the policies will contribute to the loss. relation to the (5+4+6) r to make the the