Good Evening....!!!
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What are the principal's of Insurance??
Answers
Answered by
3
Answer:
Utmost Good Faith.
Insurable Interest.
Proximate Cause.
Indemnity.
Subrogation.
Contribution.
Loss Minimization.
Answered by
1
Answer:
A very good evening Didi ❤️
here's your answer
In the field of insurance, the principal is the insurance company and the sales representative or producer is the agent. When one is empowered to act as an agent for a principal, he or she is legally assumed to be the principal in matters covered by the grant of agency
Explanation:
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