AAFM Chartered Wealth Manager (CWM) Certification Level II Examination CWM_LEVEL_2 Question # 350 Topic 36 Discussion

AAFM Chartered Wealth Manager (CWM) Certification Level II Examination CWM_LEVEL_2 Question # 350 Topic 36 Discussion

CWM_LEVEL_2 Exam Topic 36 Question 350 Discussion:
Question #: 350
Topic #: 36

Section A (1 Mark)

The principle of _____________ ensures that an insured does not profit by insuring with multiple insurers


A.

Subrogation


B.

Contribution


C.

Co-insurance


D.

Indemnity


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