Sentences with phrase «subrogation clause»

What the couple didn't know, however, was that the travel insurance company, like just about every insurance underwriter everywhere, included a subrogation clause and a first payer clause in its policy certificate, allowing the company to collect some of the claim money from the couple's extended health insurance provider — the insurer that pays for treatment not entirely covered under Canada's national health plan.

The standard subrogation clause in a travel insurance policy certificate looks something like this:

The subrogation clause in the Homeowners Policy did not amount to an assignment of Mr. Douglas's cause of action.

(2) If not, did the subrogation clause in the Homeowners» Policy permit State Farm to commence an action in the name of Mr. Douglas, who is an undischarged bankrupt?

The court also, in a portentous footnote, rejected the notion that the subrogation clause in the insurance contract should be the basis for relief.

In March 2016, the Canadian Broadcasting Corporation published an article that focused on the complex, important topics of first payer and subrogation clauses in travel insurance policies.

Not exact matches

Coventry Health Care v. Nevils (Does the Federal Employee Health Benefits Act's express - preemption provision preempt state laws that prevent carriers from seeking subrogation or reimbursement and, if so, is preemption by contract consistent with the Supremacy Clause)(co-counsel on the merits)

It followed that when agreeing to the clause the parties could not have placed much, if any reliance on the value to the underwriters of any subrogation right to enforce non-status loans.

Subrogation of Rights Clause Part I Subrogation of Rights Clause Part II Statute of Limitations Concept Replacement Cost Value Restoration Coverage Transfer of Benefits Clause Also see more about insurance terms and coverages here

Subrogation of rights clauses allow the insurance company to recover for payments made to their own client because of someone else's negligence.

If the homeowner's policy gets involved because of damage to real property, then the payments that they make to their own insured will be subject to the subrogation of rights clauses.

This clause is designed to protect your insurance company if you waive subrogation after an accident.

Insurance clauses, as well as other related clauses, also contain subrogation, waiver and indemnification obligations.

The right of subrogation is one of the most misunderstood and overlooked rights related to the insurance clause.