Test Index

JAMB Commerce 2015 Paper

Question : 46

Total: 50

The principle of subrogation stated that

An insured person should be indemnified to the time of the amount insured
An insurance company constant in lace of the insured in dealing with third party.
Only a person who is likely to suffer loss hold take out an insurance cover
There must be accuse connection between the actual loss suffered and risk insure

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