when two insurers are liable under a given common policy, the principle of insurance that applies is?
A. indemnity B. subrogation C. proximate clause D. contribution
Correct Answer: D
Explanation
The principle holding that two or more insurers each liable for a covered loss should participate in the payment of that loss. Having paid its share of a loss, an insurer may be entitled to equitable contribution—a legal right to recover part of the payment from another insurer whose policy was also applicable.
