The amount an insured will receive is controlled by the principle of __________.
A) bribery
B) subrogation
C) insurance
D) indemnity
Correct Answer:
Verified
Q29: The hit motion picture, The Big Short,
Q30: Subrogation may exist as a contract term
Q31: The court in Administrative Committee of the
Q32: The goal of the indemnity principle is
Q33: _ are individuals trained in mathematics who
Q35: Insurers often have access to _ data
Q36: LAE stands for _ and represents additional
Q37: The insured may take several steps as
Q38: The high costs and frequency of litigation
Q39: Insurance is largely governed by _ laws
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