Business Studies, asked by bijeesh, 1 year ago

what is mean subrogation (insurance policy)​

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Answered by yashgandhi74
1

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Subrogation is a term describing a legal right held by most insurance carriers to legally pursue a third party that caused an insurance loss to the insured. This is done in order to recover the amount of the claim paid by the insurance carrier to the insured for the loss

Answered by Anonymous
2

Subrogation is a term describing a legal right held by most insurance carriers to legally pursue a third party that caused an insurance loss to the insured. This is done in order to recover the amount of the claim paid by the insurance carrier to the insured for the loss.

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