Under the right of subrogation, the insurer _____.
A) is obliged to pay only the face amount of the policy if the insured dies within a specified period of time; which is the term of the policy
B) obtains all of the insured's rights to pursue legal remedies against anyone who may have negligently or intentionally damaged the insured property
C) obtains all of the insured's rights to pursue legal remedies only against those persons who have intentionally damaged the insured property
D) is obliged to pay the face value of the policy on the death of the insured and the specified premium for the duration of his/her life
Correct Answer:
Verified
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