मराठी

Doctrine of Subrogation implies that after indemnifying the insured for his loss, the insurer becomes entitled to all the rights and remedies relating to the property insured.

Advertisements
Advertisements

प्रश्न

Doctrine of Subrogation implies that after indemnifying the insured for his loss, the insurer becomes entitled to all the rights and remedies relating to the property insured.

पर्याय

  • True

  • False

MCQ
Advertisements

उत्तर

True

Explanation:

The doctrine of subrogation allows the insurer to step into the insured’s shoes after indemnifying the insured and to claim rights/remedies relating to the insured property. The insurer’s rights are limited to the amount paid and arise only after payment.

shaalaa.com
  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 13: Logistics and Insurance - EXERCISES [पृष्ठ २४७]

APPEARS IN

गोयल ब्रदर्स प्रकाशन Commercial Studies [English] Class 10 ICSE
पाठ 13 Logistics and Insurance
EXERCISES | Q 35. | पृष्ठ २४७
Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×