Question
Subragtion in insurance is: A) The right of the insurer to sell and receive proceeds from disposal of damaged property after paying daim to policyholder.
Subragtion in insurance is:
A) The right of the insurer to sell and receive proceeds from disposal of damaged property after paying daim to policyholder. "
B)The right of the insurer to sue the person who cased the damaged for which insurance claim was paid, and retrieve any compensation
C)Selling insured property at the end of its life.
D)Excess claim
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
College Accounting A Practical Approach Chapters 1-25
Authors: Jeffrey Slater
12th Edition
013277206X, 978-0132772068
