Subrogation definition

Subrogation means the right of the insurer to assume the rights of the insured person to recover expenses paid out under the policy that may be recovered from any other source.

Subrogation means the Plan's right to pursue and place a lien upon the Covered Person's claims for medical or dental charges against the other person.

Subrogation means the Plan’s right to pursue the Covered Person’s claims for medical or other charges paid by the Plan against Another Party.

Examples of Subrogation in a sentence

• The Contractor shall provide a Waiver of Subrogation in favor of the Owner.

• Waiver of Subrogation: The insurer(s) named above agree to waive all rights of subrogation against the Solano County Water Agency, its elected or appointed officers, officials, agents, authorized volunteers and employees for losses paid under the terms of this policy which arise from work performed by the Named Insured for the Solano County Water Agency; but this provision applies regardless of whether or not the Solano County Water Agency has received a waiver of subrogation from the insurer.

• Purchaser shall not, and shall cause its Affiliates and their respective representatives to not, amend, modify, supplement, or restate the provisions of Section VIII.B(i)(4) (Subrogation) of the R&W Insurance Policy attached hereto as Exhibit G benefitting the Seller, its Affiliates, and its and their respective representatives in any manner or respect adverse to such parties without the prior written consent of Seller.

More Definitions of Subrogation

Subrogation means the right o f the insurer to assume the rights o f the insured person to recover expenses paid out under the policy that may be recovered from any other source.

Subrogation means the Plan's right to exercise the Covered Person’s rights to Recover or pursue Recovery from a Third Party who is liable to the Covered Person for expenses for which the Plan has paid or may agree to pay benefits.

Subrogation provision, located within the “General Provisions” section of the policy, is hereby deleted and replaced with the following:

Subrogation means we may collect directly from third parties or from proceeds of your recovery from third parties to the extent we have paid on your behalf for illnesses or injury caused by the third party and you have been fully compensated for your loss.

Subrogation means right of the state to stand in place of the client in the collection of third party resources (TPR).

Subrogation means the benefits provided by the Plan are secondary when a Member is entitled to receive money from any other source, including but not limited to any party’s liability insurance or uninsured/underinsured motorist proceeds.

Subrogation means the right of one party to be substituted in place of another party in a lawsuit. See Section 4.5 Third Party Liability of this document for an explanation of how the Plan may use the right of Subrogation to be substituted in place of a covered individual (any Employee and that person’s eligible Spouse or Dependent Child who has completed all required formalities for enrollment for coverage under the Plan and is actually covered under a Component Benefit of the Plan) in that person’s claim against a third party who wrongfully caused that person’s injury or illness, so that the Plan may recover medical benefits paid if the covered individual recovers any amount from the third party either by way of a settlement or judgment in a lawsuit.