Common use of OUR RIGHT TO RECOVER Clause in Contracts

OUR RIGHT TO RECOVER. a. If we make a payment under this policy and the person to or for whom payment was made has a right to recover from another for the covered loss, we will be subrogated to that right. That person will do whatever is necessary to enable us to exercise our rights and will do nothing after the loss to prejudice them. b. If we make a payment under this policy and the person to or for whom payment is made recovers damages from another, that person will hold the proceeds of the recovery in trust for us and will reimburse us to the extent of our payment.

OUR RIGHT TO RECOVER. a. If we make a payment under this policy and the person to or for whom payment was made has a right to recover from another for the covered loss, we will be subrogated to that right. That person will do whatever is necessary to enable us to exercise our rights and will do nothing after the loss to prejudice them.a b. If we make a payment under this policy and the person to or for whom payment is made recovers damages from another, that person will hold the proceeds of the recovery in trust for us and will reimburse us to the extent of our payment.

OUR RIGHT TO RECOVER. a. If we make a payment under this policy and the person to or for whom payment was made has a the right to recover from another for the covered loss, we will be subrogated to that right. That ; that person will do whatever is necessary to enable us to exercise our rights and will do nothing after the loss to prejudice them. b. If we make a payment under this policy and the person to or for whom payment is made recovers damages from another, that person will hold the proceeds of the recovery in trust for us and will reimburse us to the extent of our payment.;