Exam term
Made-whole doctrine
A rule in some states that the insured must be fully compensated for the loss before the insurer recovers through subrogation. The exact rules vary by state and plan type.
Lessons that use this term
- Subrogation Florida
Exam term
A rule in some states that the insured must be fully compensated for the loss before the insurer recovers through subrogation. The exact rules vary by state and plan type.