Category: IC11 PRACTICE OF GENERAL INSURANCE EXAM – 02

Que. 1 : Q1) Under which principle can the insurer assume the rights of the insured in order to recover from a third party the loss paid under a policy?    1.  a) Contribution    2.  b) Discharge    3.  c) Subrogation    4.  d) Indemnity Que. 2 : Q2) The deductible for perils other than act of god perils under standard fire and special […]