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Archy [21]
1 year ago
10

The transfer of the right of recovery from the insured to the insurance company is called:

Business
1 answer:
s344n2d4d5 [400]1 year ago
6 0

According to the research, the transfer of the right of recovery from the insured to the insurance company is called <u>Subrogation</u>.

<h3>What is subrogation?</h3>

It consists of changing the debtor or the lender in a financing, which produces a delegation or a succession of duties.

It is linked to subrogating a legal or natural person for another, replacing it, modifying the contract in terms of fulfilling an obligation or exercising an attribution.

Therefore, we can conclude that according to the research, the transfer of the right of recovery from the insured to the insurance company is called <u>Subrogation</u>.

Learn more about Subrogation here: brainly.com/question/14632197

#SPJ1

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