English version


From Longman Business Dictionary
Related topics: Insurance
subrogationsub‧ro‧ga‧tion /ˌsʌbrəˈgeɪʃən/ noun [uncountable] INSURANCE the principle that when an insurance company pays a claim, it has the right to any other money that the insured person can get for the same loss, for example money from the person who caused the lossThere is a subrogation clause in the policy.
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