Question
The right of ______ gives the insurance company the right to recover its costs from the at-fault party after the company has paid a claim
The right of ______ gives the insurance company the right to recover its costs from the at-fault party after the company has paid a claim to its insured party.
| A. | Deductible | |
| B. | Subrogation | |
| C. | Indemnity | |
| D. | Insurance interest | |
| E. | Coinsurance |
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Essentials Of Managerial Finance
Authors: Scott Besley, Eugene F. Brigham
13th Edition
0324258755, 9780324258752
