Waiver Of Subrogation Form Number In Kings

• Category: Insurance - Complaints
• State: Multi-State
• County: Kings
• Control #: US-000279
• Format: Word; Rich Text

Description

The Waiver of Subrogation Form Number in Kings is a legal document used to relinquish the right of an insurance company to pursue a third party for recovery of claims. This form is particularly useful for parties involved in contracts that may expose them to liability, as it ensures that after a loss is paid, the insurer cannot seek reimbursement from other responsible parties. Key features of the form include clear sections for identifying the parties involved, specifics about the insurance coverage, and the context of the waiver. Users should fill in the form with accurate information regarding the parties, date, and circumstances surrounding the waiver. It is advisable to review the form carefully to ensure that all necessary details align with the agreement made between the parties. Attorneys, partners, owners, associates, paralegals, and legal assistants benefit from using this form as it simplifies the process of managing liability and protects their clients' interests in various contractual agreements. Specific use cases for this form include construction contracts, leases, and insurance claims where multiple parties may be involved, ensuring that all parties are clear about their rights and responsibilities.