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    5. The principle of subrogation in insurance allows

    Question

    The principle of subrogation in insurance

    allows
    A investment of policy amount Correct Answer Incorrect Answer
    B refund for insured and insured's insurance company Correct Answer Incorrect Answer
    C auto-renewal of policy Correct Answer Incorrect Answer
    D indemnification of the insured Correct Answer Incorrect Answer

    Solution

    The correct answer is D

    Practice Next
      More Previous Year Paper Questions
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    Relevant for Exams:

    • UPSC EPFO (APFC)
    • UPSC

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