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单词 subrogation waiver
释义

subrogation waiver

Definition
A waiver signed by the insured that relinquishes his or her rights to collect from a third party for a loss. Typically, insurance policies require the insured to preserve subrogation rights. Commercial property insurance policies usually allow a subrogation waiver as long as it is signed before any loss occurs.
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更新时间:2025/4/17 12:15:31