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Insurance · EPFO APFC · Question 12 of 30

Insurance: Which principle allows the insurer to recover claim amount from a negligent third party?

Step-by-step solution. Insurance for EPFO APFC.

Topic
Insurance
Subject
General Studies
Difficulty
Medium
Solve Time
45-60 sec

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Q · InsuranceMedium · 45s

Which principle allows the insurer to recover claim amount from a negligent third party?

TopicInsurance
Question Typemultiple choice
DifficultyMedium
Marking+1 / −0.25
Test Duration30 min

Step-by-Step Solution

The complete worked solution.

Every step explained - no skipped algebra.

After paying the claim, the insurer acquires the insured’s right to recover from third parties.

Final Answer: Option (A) Subrogation
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Which principle allows the insurer to recover claim… - Insurance (General Studies) Solved Question