The Insurer May Not Exercise a Right of Subrogation If

question 14

True/False

The insurer may not exercise a right of subrogation if it is required to pay for the loss of property under a fire insurance contract.

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Definitions:

Recording

The action or process of capturing data, sounds, images, or performances through electronic means for storage, analysis, or reproduction.

Transparent Window

A clear section of material, often glass or plastic, that allows light to pass through while providing a barrier to other elements.

Envelopes

In a biological context, refers to membranous structures that enclose or encapsulate parts of cells or viruses.

Unprofitable

Describing a business or operation that generates a financial loss rather than a profit.