The subrogation provision enforces the principle of indemnity by preventing the insured from profiting from the existence

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The subrogation provision enforces the principle of indemnity by preventing the insured from profiting from the existence of the insurance contract. What other beneficial effect might it have?

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Fundamentals Of Risk And Insurance

ISBN: 978-1118534007

11th Edition

Authors: Emmett J. Vaughan ,Therese M. Vaughan

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