Reply To: Subrogation

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May 20, 2019 at 4:38 pm #24621
Mayank Goyal
Keymaster

    Manveena wrote:

    What is Subrogation in Insurance?

    Subrogation is a term describing a legal right held by most insurance carriers to legally pursue a third party that caused an insurance loss to the insured. This is done in order to recover the amount of the claim paid by the insurance carrier to the insured for the losses.

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