The principle of subrogation states that
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- 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:
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