The ownership of a damaged product/part on whose insurance is taken becomes of the property insurance company as per the principle of
A. Indemnity
B. Utmost good faith
C. Insurable interest
D. Subrogation
Answer:D
The ownership of a damaged product/part on whose insurance is taken becomes of the property insurance company as per the principle of
A. Indemnity B. Utmost good faith C. Insurable interest D. Subrogation