Join the discussion
Question 16/18
Who is entitled to the surplus if a subrogation recovery from a negligent third party is greater than the amount the insurer has paid to the insured?
Correct Answer: C
Add Comments
- Other Question (18q)
- Q1. In terms of private motor insurance, a renewal offer can be accepted...
- Q2. For this question more than 1 option is correct. You must select fill the correct options ...
- Q3. What is the most common for of corporation?
- Q4. For this question more than 1 option is correct. You must select all the correct options t...
- Q5. According to statute law, an unfair term in a consumer insurance contract is defined as on...
- Q6. A claimant may possibly recover money transferred under an illegal contract when...
- Q7. Tim is a local insurance broker. He has authority to receive premiums for a personal lines...
- Q8. A property policy contains a condition regarding prompt loss notification. If the insured ...
- Q9. At what stage is insurable interest required for a marine cargo insurance policy?...
- Q10. As a result of a breach of good faith under a commercial insurance policy, the insurer avo...
- Q11. The branch of law particularly relevant when handling negligence claims is...
- Q12. For this question more than 1 option is correct. You must select all the correct options t...
- Q13. For this question more than 1 option is correct. You must select all the correct options t...
- Q14. When a defendant deliberately destroys possessions belonging to someone else, he has commi...
- Q15. A person insures her own life under a life insurance policy but does so expressly for the ...
- Q16. Who is entitled to the surplus if a subrogation recovery from a negligent third party is g...
- Q17. For this question more than 1 option is correct. You must select all the correct options t...
- Q18. For this question more than 1 option is correct. You must select all the correct options t...
