All of the Following Statements About Subrogation Are True EXCEPT

question 44

Multiple Choice

All of the following statements about subrogation are true EXCEPT

• A)The general rule allows the insurer to recover up to the amount paid to its insured under the policy.
• B)Subrogation does not apply in life insurance.
• C)Interfering with the insurer's subrogation rights can jeopardize indemnification of the insured.
• D)The insurer reserves the right to subrogate against its own insureds.

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Definitions:

Glowing Terms

Expressions of very high praise or an extremely positive nature.

Sales Puffery

Exaggerated or promotional statements made by a seller that are subjective and not meant to be taken literally, often used in marketing and advertising.

Actionable

Describes information or steps that are clear and practical enough to be implemented or acted upon.

Misrepresentation

Providing false or misleading information about a product, service, or company.