Search SchoolNGR

Saturday, 11 April 2026
Register . Login

The principle of subrogation states that

The principle of subrogation states that
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • 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:

Share question on: