Điều khoản hợp đồng A&HCâu 633 / 716
The main purpose of subrogation is to:
a.Reduce the insurer's underwriting duties
b.Prevent the insured from being paid twice for the same loss and hold the at-fault party responsible
c.Extend the policy's grace period so the insured has additional time to pursue the responsible third party
d.Reward the insured for filing a claim
Giải thích
Subrogation stops double recovery and shifts the cost to the party that caused the loss. It is unrelated to rewarding the insured, underwriting, or grace periods.
Luyện miễn phí toàn bộ 716 câu hỏi — không cần đăng ký.
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Câu hỏi liên quan cùng chủ đề
- The coordination of benefits (COB) provision in group health coverage is designed to:
- Under COB, when a child is covered by both parents' group plans, the 'birthday rule' usually makes the primary plan the one belonging to the parent whose:
- Subrogation in a health or medical policy allows the insurer, after paying a claim caused by a third party, to:
- A recurrent disability provision states that if an insured returns to work but becomes disabled again from the same cause within a stated time (such as 6 months), it is treated as:
- An impairment (exclusion) rider on a health policy:
- A 'noncancelable' health policy guarantees that the insurer:
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Người kiểm duyệt John Zihao Zhang — California-Licensed Life Insurance Agent (CA Dept. of Insurance License #4396095 — kiểm tra)