Question

It is the duty of the insured to take reasonable steps to minimise the loss to the insured property. This principle of insurance is known as _______________

a] Subrogation
b)Mitigation
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Answer 1

Answer:

b)

Explanation:

1. principle of mitigation is responsible to minimize loss.

Answer 2

Answer:

Principle of mitigation. It states that it is the duty of the insured to take reasonable steps to minimise the loss or damage to the insured property

Explanation:

b) option is correct

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