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Recent questions tagged subrogation
1
answer
Which clause or concept in insurance law provides that when an insurer indemnifies the insured for loss
asked
Oct 27, 2021
in
Finance
by
voice
(
257k
points)
finance
finance-quiz
insurance
insurance-quiz
risk-management
insurance-law
insurer
indemnity
insurance-company
subrogation
1
answer
________ means the transfer of all the rights and remedies available to the insured in respect of the subject matter to
asked
Oct 3, 2021
in
Finance
by
voice
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257k
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finance
finance-quiz
insurance
insurance-quiz
insurance-business
insurer
subrogation
indemnity
contribution
1
answer
__________ principle in insurance mention the assured must have insurable interest in the life or property insured.
asked
Aug 14, 2021
in
Finance
by
voice
(
257k
points)
finance
finance-quiz
insurance
insurance-priniciple
insurable-interest
subrogation
causa-proxima
indemnity
1
answer
__________ principle in insurance mention the cause of loss must be direct and an insured one in order to claim for
asked
Aug 14, 2021
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Finance
by
voice
(
257k
points)
finance
finance-quiz
insurance
insurance-priniciple
direct-insured
compensation
subrogation
causa-proxima
uberrima-fides
1
answer
The purpose of __________ are to hold the negligent person responsible for the loss and prevent the insured from
asked
Aug 14, 2021
in
Finance
by
voice
(
257k
points)
finance
finance-quiz
insurance
insurance-priniciple
negligent-person
subrogation
causa-proxima
indemnity
1
answer
______________ principle means that the insured is not entitled to make a profit on his loss.
asked
Aug 14, 2021
in
Finance
by
voice
(
257k
points)
finance
finance-quiz
insurance
insurance-priniciple
loss-of-profits
subrogation
causa-proxima
indemnity
1
answer
Principle of utmost good faith is also known as __________.
asked
Aug 14, 2021
in
Finance
by
voice
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257k
points)
finance
finance-quiz
insurance
insurance-priniciple
utmost-good-faith
subrogation
causa-proxima
insurable-interest
1
answer
________ principle in insurance means maximum truth.
asked
Aug 6, 2021
in
Finance
by
voice
(
257k
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finance
finance-quiz
insurance
insurance-priniciple
maximum-truth
subrogation
causa-proxima
1
answer
The principle of _____________ ensures that an insured does not profit by insuring with multiple insurers.
asked
Jul 28, 2021
in
Finance
by
voice
(
257k
points)
finance
finance-quiz
insurance
subrogation
contribution
co-insurance
indemnity
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