Subrogation Questions
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Subrogation Questions
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a. Explain the principle of subrogation.b. Why is subrogation u... | Filo
a. Explain the principle of subrogation.b. Why is subrogatio…
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Understanding surety and subrogation is one of the first major shifts in equity. Most people never realize that once you step in as the surety and settle the account, your legal position changes completely. You’re no longer the one carrying the burden. Equity now sees you as the beneficiary. And when the burden is gone, the securities have to shift. They can’t hold what you already performed on. This is why these concepts matter. They decide whether you stand in debt or stand in power. They deci
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Robbins: ‘Indemnity’ and ‘subrogation’ among legal terms to question (column)
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vaildaily.com
⚖ Did you know your insurer can fight on your behalf after settling your claim? This process is called Subrogation. It gives the insurer the right to step into your shoes and recover the claim amount from the party actually responsible for the damage. ✅ Why it matters to you: Ensures fairness—you get compensated but don’t profit twice. Protects policyholders from lengthy legal battles. Common in motor insurance (accidents caused by another driver) and property insurance (defective work by contra
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⚖ Did you know your insurer can fight on your behalf after settling y…
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