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Subrogation Agreement

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					                                  Subrogation Agreement

WHEREAS, on ____________________, ___________________, an insurance company, was
presented with a claim arising from:
 ________________________

under insurance coverage provided to ______________________, under its coverage for:
______________________,

and, WHEREAS, on _________________________, ___________________ paid a claim in an
amount of $ ____ (________________ & ____/100 dollars), with a deductible of $
_____(________ & ____/100 dollars), arising from the perils and covered by the policy stated
above, NOW, THEREFORE:
______________________, his heirs and assigns, herewith assign and convey to
________________ and any all rights against any entity who may be liable to
______________________ for the loss stated above.
______________________ shall pursue any and all responsible parties at its own expense, and
may at its option, bring such action in its own name or that of ______________________.
______________________           herewith       covenants   and     agrees    to    fully     assist
___________________ in pursuit of its rights of subrogation herein.
___________________         may      at     its   option  pursue    the    deductible     loss    of
______________________.

In the event that ___________________ does so, it shall notify ______________________, and,
further, ______________________ agrees that if any recovery is made that it will share in all
costs related thereto pro rata.

______________________ further agrees not to release or exonerate the adverse party or
parties or enter into any compromise with them without the prior approval of
___________________.

______________________ shall execute any and all instruments reasonably required by
______________ in connection herewith.


Date: _____________________________________




___________________________________________________
______________________
                                 Subrogation Agreement

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posted:5/11/2011
language:English
pages:2
Description: Insurance Life Health