Question

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.

Options

• True

• False

Answer 1

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.