Under which principle all the rights of an insured are transferred to insurance company after making payment of claim ?

🎲 Try a Random Question  |  Total Questions in Quiz: 50  |  🧠 Study this quiz with Flashcards
This question is part of a full practice quiz:
Past Years Commerce Questions Set -3 — practice the complete quiz, review flashcards, or try a random question.


Under which principle all the rights of an insured are transferred to insurance company after making payment of claim ?