Which of the following is best described as: Insurer's right, after paying a loss, to pursue recovery from a responsible third party
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Question ID #26077UPSCUPSC EPFO APFC 2026 Mock Test SeriesUPSC EPFO APFC Insurance Sectional Test 2026Medium
Which of the following is best described as: Insurer's right, after paying a loss, to pursue recovery from a responsible third party
Correct Answer: B. Subrogation The correct answer is Subrogation. Insurer's right, after paying a loss, to pursue recovery from a responsible third party