English, asked by RiyaGungun, 4 months ago

Good Evening....!!!
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What are the principal's of Insurance??​

Answers

Answered by Anonymous
3

Answer:

Utmost Good Faith.

Insurable Interest.

Proximate Cause.

Indemnity.

Subrogation.

Contribution.

Loss Minimization.

Answered by ItsNikkihere
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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