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Restoring the insured to his former position by the insurer in the event of his ...
Classroom
Commerce Classroom
Waec
Waec 1991
More Topics
Restoring the insured to his former position by the insurer in the event of his suffering the specified loss is called?
SchoolNGR Classroom
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
A
Subrogation
B
Compensation
C
Indemnity
D
Contribution
E
Surrender value
Show Answer
Show Explanation
Correct Answer:
Option C
Explanation:
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Accounts - Principles of Accounts
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