10. ________principle means that the insured is not entitled to make a profit on his loss: a. subrogation b causa proxima c. indemnity d. uberrima fides
10. ________principle means that the insured is not entitled to make a
a. subrogation
b causa proxima
c. indemnity
d. uberrima fides
11. The purpose of _______ are to hold the negligent person responsible for the loss and prevent
the insured from collecting twice for the same loss.
a. subrogation
b causa proxima
c. indemnity
d. uberrima fides
12. _________principle in insurance mention the cause of loss must be direct and an insured one
in order to claim for compensation.
a. subrogation
b causa proxima
c. indemnity
d. uberrima fides.
13. _________ principle in insurance mention the assured must have insurable interest in the life
or property insured?
a. subrogation
b causa proxima
c. indemnity
d. insurable interest
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