Economy, asked by vardhan67, 11 hours ago

Explain the doctrine of subrogation !!​

Answers

Answered by YoginiSankhe
2

Answer:

The doctrine of subrogation confers upon the insurer the right to receive the benefit of such rights and remedies as the assured has against third parties in regard to the loss to the extent that the insurer has indemnified the loss and made it good

Answered by jayani89
1

Explanation:

The doctrine of Subrogation provides that if an insurer. pays a loss due to the wrongful act of another, the insurer is. subrogated to the rights of the insured and may prosecute a suit. against the wrongdoer for recovery of the amount of damages paid.

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