Bảo hiểm & Quyền cầm giữCâu 1527 / 1605
'Subrogation' in insurance refers to:
a.The insurer canceling the policy
b.Adding an additional insured
c.The insured paying the deductible
d.The insurer's right, after paying a claim, to step into the insured's shoes and pursue the responsible third party
Giải thích
Subrogation lets an insurer that has paid its insured's loss pursue recovery from the at-fault third party. Waiver of subrogation clauses, common in construction contracts, prevent one party's insurer from suing the other party for a covered loss.
Luyện miễn phí toàn bộ 1605 câu hỏi — không cần đăng ký.
Câu hỏi liên quan cùng chủ đề
- A general liability policy written on a 'claims-made' basis (as opposed to 'occurrence') generally covers a claim only if:
- An 'occurrence-based' CGL policy responds to a claim based on:
- On a private project financed by a construction lender, a subcontractor who fails to serve the preliminary notice on the LENDER primarily loses the ability to:
- A 'waiver of subrogation' clause between an owner and contractor generally means:
- A contractor who records a mechanics lien for an amount it knows is willfully overstated risks:
- Separate from project insurance, the CSLB requires every active licensed contractor to maintain a 'contractor's bond' (contractor license bond). Its main purpose is to:
Cập nhật gần nhất: · quy trình kiểm tra
Sen Lin, Người sáng lập PrepPass · Đối chiếu với California CSLB Contractor License Law & Business Exam · Quy trình kiểm tra
Người kiểm duyệt Abraham Chen — Licensed California General Contractor (CSLB License #1101856 — kiểm tra)