SOFE
SOFA-CFE · Question #61
SOFA-CFE Question #61: Real Exam Question with Answer & Explanation
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Question
What is based on the principle that for a service rendered (i.e., the payment of the indemnity claim), the insured assigns to the insurer any rights that may inure to the insured from third parties.
Options
- ASalvage
- BIndemnity payment
- CSubrogation
- DReinsurance resource
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