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» Insurance » Topics begins with S » Subrogation


Page modified: Saturday, June 24, 2006 09:36:32

Subrogation is a term from the insurance law. For a damage occasionally more than one party is liable. For example a health insurance, an accident at work insurance, can be obligated a manufacturer of a product after product liability right and a further damage-releasing party to the replacement of damage with an industrial accident.

Perhaps can payment of damages-entitled requirements against several obligated ones direct, which overlap or lead to a multiplication of the payment of damages.

In the way of legal or contractual regulations such enriching is avoided. A method for the avoidance of so-called unjustified enriching represented the Subrogation. It is called occasionally transfer of a right of recourse to the insurer.

If in the above example the damage turns to the manufacturer and receives after product liability right substitution of its damage, an insurer, who already carried achievements for the damage out because of the damage, can require the publication of the further payment of damages for contract or law as Subrogationsanspruch of the insurer of the damage of the damage.

In practice the damage does not notice necessarily that in the case of loss a Subrogation takes place, because the asserting is made frequently almost automatically from by legal or contractual transfers.


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