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Common use of Right to Recovery Clause in Contracts

Right to Recovery. If we make a payment under this policy and the person to, or for whom, payment was made has a right to recover damages from another, we shall be subrogated to that right. That person shall do whatever is necessary to enable us to exercise our rights and do nothing to prejudice them.

Appears in 2 contracts

Samples: Boat Owner's Insurance Policy, Boat Owner's Policy

Right to Recovery. If we make a payment under this policy and the person to, to or for whom, whom payment was made has a right to recover damages from another, we shall be subrogated to that right. That person shall do whatever is necessary to enable us to exercise our rights and do nothing to prejudice them. Non-Waiver Provision: No action on our part, after a loss to recover or save the property from further loss, nor any action which we may take in connection with the investigation of any loss, shall be considered as a waiver of any of our rights under this policy.

Appears in 1 contract

Samples: Pleasurecraft Insurance Policy Agreement

Right to Recovery. If we make a payment under this policy and the person to, to or for whom, whom payment was made has a right to recover damages from another, we shall be subrogated to that right. That person shall do whatever is necessary to enable us to exercise our rights and do nothing to prejudice them.. No action on our part, after a loss to recover or save the Houseboat from further loss, nor any action which we may take in connection with the investigation of any loss, shall be considered as a waiver of any of our rights under this policy. No legal action may be brought against us unless:

Appears in 1 contract

Samples: Insurance Agreement