Home » Commerce » The principle where many insurance companies join to compensate one policy holder is called?The principle where many insurance companies join to compensate one policy holder is called? The principle where many insurance companies join to compensate one policy holder is called? A. contribution B. subrogation C. compensation D. indemnity Correct Answer: Option A Explanation Related Posts Activities undertaken to create awareness for a product by giving out samples premium or conducting… one disadvantage of a sole proprietorship is? Pure profits is the elements of the paid? List and explain five functions of marketing A company had an authorized share capital of 30,000. It offered applicants N20,000 share capital… Which of the following would not affect the form of a business unit?