____________ refers to the right of the insurer to stand in the place of the insured, after
settlement of a claim
Answers
Answered by
1
Answer:
Subrogation literally refers to the act of one person or party standing in the place of another person or party. Subrogation effectively defines the rights of the insurance company both before and after it has paid claims made against a policy.
Explanation:
Thank you
Please mark as brainliest
Similar questions