Home » Commerce » Restoring the insured to his former position by the insurer in the event of his…Restoring the insured to his former position by the insurer in the event of his… Restoring the insured to his former position by the insurer in the event of his suffering the specified loss is called? A. Subrogation B. Compensation C. Indemnity D. Contribution E. Surrender value Correct Answer: Option C Explanation Related Posts The promotion of savings culture is a feature of a? Which of the following is formed primarily to promote savings and loans among members? A private company’s ability to raise capital is limited because The difference between total current assets and total current liabilities of a business is known… A major factor hindering effective communication process is? The principle of insurance which entitles an insurance company to take any advantage due to…
