There Is No Subrogation in Life Insurance

question 85

True/False

There is no subrogation in life insurance.

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Definitions:

State Power

The authority granted to states to govern within their territories, recognizing their rights and responsibilities.

McCulloch V. Maryland

A landmark Supreme Court case in 1819 that established the principle of federal supremacy over state laws and laid the groundwork for the expansive interpretation of the federal government's implied powers.

Gibbons V. Ogden

A landmark Supreme Court case in 1824 that clarified the scope of Congress’s power under the Commerce Clause, ruling that federal law overrules state law in matters of interstate commerce.

State Governments

State governments are the governing bodies of individual states within a federation, responsible for executing state laws and managing state-specific affairs.