Seguros y GravámenesPregunta 1527 de 1632
'Subrogation' in insurance refers to:
a.The insurer's cancellation of a policy for non-payment of premium
b.The addition of another party as an insured under the policy
c.The insured's obligation to pay a deductible before coverage responds
d.The insurer's right, after it pays, to pursue the responsible party
Explicación
Subrogation lets an insurer that has paid its insured's loss stand in the insured's place and recover from whoever caused it, which is why construction contracts so often include a mutual waiver of subrogation. (a) is cancellation, a separate policy right. (b) is additional insured status, which concerns who is protected rather than who may be pursued afterwards. (c) is the deductible, a retention borne by the insured. Each is a genuine insurance term, which is the point: the item tests whether the candidate can place them.
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Preguntas relacionadas de este tema
- A general liability policy written on a claims-made basis, rather than an occurrence basis, generally covers a claim only if:
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- A waiver of subrogation clause between an owner and a contractor generally means:
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Revisado por Abraham Chen — Licensed California General Contractor (CSLB License #1101856 — verificar)