Which of the following is not a principle of insurance
A.
indemnity
B.
insurable risk
C.
Subrogation
D.
Insurable interest
Correct Answer: Option B
Explanation
The principles of insurance typically include indemnity, subrogation, and insurable interest. "Insurable risk" is not a principle; rather, it refers to the characteristics that a risk must have to be insurable.
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