Question

24.After paying the full compensation, the insurer enter into the shoe of insured. This is related to:​

Answer 1

Answer:

Principle of Subrogation

After the insured gets the claim money, the insurer steps into the shoes of insured. After making the payment insurance claim, the insurer becomes the owner of subject matter. For example :- Ram took a insurance policy for his Car. In an accident his car totally damaged.

Answer 2

Explanation:

in this statement principal of subrogation is found