Which of the Following Statements About Subrogation Is True

question 39

Multiple Choice

Which of the following statements about subrogation is true?

• A)It is used primarily for losses paid under life insurance policies.
• B)It allows the insurer to sue its own insured who is negligent.
• C)The insured's right to collect benefits may be forfeited if the insured interferes with the insurer's subrogation rights after a loss occurs.
• D)The insurer is required to exercise its subrogation rights.

---

Definitions:

Concept Test

An evaluation process that involves presenting an idea for a product or service to a target audience to determine its feasibility and the potential interest of consumers.

Cross-functional New-product Development Team

A group comprising members from different departments working together to develop a new product.

New-product Idea

A concept for a product that has not yet been introduced to the market, potentially fulfilling a new consumer need or desire.

Customer Experience Management (CEM)

The process of managing the entire customer experience with the company.