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Author Question: Which of the following is correct with respect to the principle of subrogation as it relates to insurance law? (Read 18 times)

soccerdreamer_17

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on: Aug 7, 2021
Which of the following is correct with respect to the principle of subrogation as it relates to insurance law?
◦ Subrogation refers to the principle that, if an insurance company pays out on a policy, it assumes all of the rights of the insured against the person causing the loss.
◦ Subrogation refers to the practice of insurance companies taking out their own insurance where a policy involves potentially large losses or high risk.
◦ Subrogation refers to the principle that the insured cannot benefit from his own wrongdoing.
◦ Subrogation refers to the insured's right to demand payment from the insurance company if the insured-against event takes place.
◦ Subrogation refers to the principle that, if the insured does not take out enough insurance, he will be taken to be responsible for a portion of any loss incurred.
Legal Fundamentals for Canadian Business ¦ Yates ¦ 4th Edition
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Marked as best answer by soccerdreamer_17 on Aug 7, 2021

Danny Ewald

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Reply #1 on: Aug 7, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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soccerdreamer_17

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Reply 2 on: Aug 7, 2021
Excellent

irishcancer18

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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