Transfer of rights and remedies of the insured to the insurer after indemnity has been effected is called

Related MCQs

• When the same risk and subject matter is insured with more than one insurer is called............
• ......... is an agreement whereby the insurer agrees to indemnify the insured against losses due to sea and port perils
• The principle of indemnity does not apply to
• The principle of indemnity applicable to...........
• The person whose risk is insured is called
• When the amount for which a subject matter is insured more than its actual value, it is called...............
• When the subject is partially lost by a peril insured against, it is called..........
• ............... is the amount which the insurer is prepared to pay before the date of maturity of policy.
• When the subject matter insured is destroyed wholly refers to.........
• Risk insured against death is a contract of.......