Business Studies, asked by sodabamuradi786, 1 month ago

insured can claim compensation for a loss only if it is caused by the risk insured against. with reference to his elaborate the principle of causa proxima​

Answers

Answered by amanprajapati839
0

Explanation:

Subrogation is an insurance principle which gives the right of indemnification of the insured to the insurer to request compensation from a third party which causes a loss. That right to claim is given if the insurer has settled the compensation to the insured.

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