Essentials of Business Law and Labor Law | 28 June 2023

Essentials of Business Law and Labor Law is a digital initiative of Alburo Law to provide legal knowledge to entrepreneurs to help improve their productivity and profitability by ensuring that businesses comply with relevant laws, rules, and regulations.

What is subrogation?

Subrogation refers to the substitution of one person in place of another with reference to a lawful claim or right.

What is concealment under the Insurance Code?

Concealment is the neglect to communicate that which a party knows and ought to communicate. A concealment whether intentional or unintentional entitles the injured party to rescind a contract of insurance.