The Principle of ____ States That an Insured Should Not

question 131

Multiple Choice

The principle of ____ states that an insured should not be compensated by an insurance company in an amount exceeding the economic loss.

• A)subrogation
• B)insurable interest
• C)coinsurance
• D)indemnity
• E)none of these

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Definitions:

High-Quality

Attributes or characteristics of a product, service, or performance that are superior in standard or excellence.

Marital Interactions

The behaviors, communications, and actions between partners in a marriage, which can significantly impact relationship satisfaction and stability.

Marital Happiness

The degree of contentment and satisfaction experienced in a marriage, influenced by factors such as communication, compatibility, and mutual support.

Divorced

The legal dissolution of a marriage by a court or other competent body, resulting in the termination of a marital union.