Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. the subrogation provision in susan's insurance pol

The subrogation provision in Susan's insurance policy prohibits the insured from doing anything that interferes...

50.1K

Verified Solution

Question

Finance

The subrogation provision in Susan's insurance policy prohibits the insured from doing
anything that interferes with her insurer's subrogation rights. Susan is about to sign a business
contract that includes a waiver of her recovery rights that would violate this policy provision.
How, if at all, might she be able to resolve this dilemma?
a. Convince an underwriter to consent to the contract and add a waiver of subrogation
endorsement to her policy
b. Get somebody else to sign the contract
c. If she signs the contract, she forfeits her insurance coverage.
d. Sign the contract with disappearing ink
image

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

A chemistry student five possible Lewis structures for the cyanate ion. Give a reason why structures (4)...

Chemistry
Q

It is necessary to pump twice as much water as can be handled by an existing...

Civil Engineering
Q

A 2.5 TR split unit is to be powered using solar photovoltaic (PV) cells. Assume the...

Mechanical Engineering
Q

Have you ever had a formal career plan? If so, briefly describe the plan. If not, describe...

General Management
Q

mRNA O Ribosome O tRNA is the product of transcription O Codon O Anticodion

Biology
Q

Find the most general antiderivative of the function Check your answer by differentiation Use C...

Calculus
Q

2 Solve for x use log where necessary 41 8 a b 22 x 3x

Algebra
Q

AUDITING 1. Identify at least FOUR (4) factors that have contributed to the recent increase...

Accounting
Q

How much must be invested now to receive $62,000 for ten years if the first...

Accounting
Q

FINC 3155 Business Finance Homework 8 Six months ago, you purchased 1,200 shares of ABC...

Accounting
Q

ABC Ltd. is a manufacturer of beach towels. Budgeted Monthly production costs for 2021 are...

Accounting
Q

Best Corp. USA offers credit terms of 2/10, net 45. Total sales for the year...

Finance