The principle of subrogation states that

The principle of subrogation states that
  • A.
    an insured person should be indemnifed to the tune of the amount insured
  • B.
    an insurance company can stand in place of the insured in dealing with third party
  • C.
    oly a person who is likely to sufferrd loss should take take out an insurance cover
  • D.
    ther must be a close connection between the actual loss suffered and risk insured
Correct Answer: Option B
Explanation
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