The principle of subrogation allows the insurer to:
A. Deny coverage to the insured.
B. Transfer the risk to a reinsurance company.
C. Recover the amount paid to the insured from a third party.
D. Increase the premium amount for the insured.
Answer:C
The principle of subrogation allows the insurer to:
A. Deny coverage to the insured. B. Transfer the risk to a reinsurance company. C. Recover the amount paid to the insured from a third party. D. Increase the premium amount for the insured.