Which of the following describes the definition of assignment?

Select one:

a. A coverage that is free, automatic, and pays over and above the limit.

b. When the right to sue the party at fault passes from one party to another (typcially the right to sue passes from the insured to their insurer after a loss is paid).

c. The process of determining the value of a piece of property.

d. The transfer of a legal right or interest in an insurance policy