The principle where many insurance companies join to compensate one policy holder is called? By: Sunday|Published on: May 29|Categories: Commerce WAEC| 0 comments A. contribution B. subrogation C. compensation D. indemnity Correct Answer: Option A A. contribution Users Also Read These:An application form which is filled by anyone taking…The principle of insurance that demands that the…The amount paid by the insurance company to the…The insurance policy against claims from customers…When an insurance policy is cleared void because of…SEE ALSO Which of the following terms of price quotation includes cost of transportation to buyers premises?