When a claim is paid,the salvages and scraps are the property of the Insurers.What is such take over of salvages and scraps called?

Question ajoutée par mukkur srinivasan varadhan , Chartered Accountant , Chartered Accountant in practice
Date de publication: 2013/12/16

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par Mamoun elbaghir abdalla mhamad Eltayeb , Insurance agent / Producer , Albaraka Insurance Company

It is called Suborgation.

Thanking You.

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