Waiver Of Subrogation Form Number In Pima

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

Description

The Waiver of Subrogation form number in Pima is a legal document that relinquishes an insurance company's right to pursue recovery of costs from a third party after the insurer has compensated the insured for a loss. This form is crucial for parties involved in contracts or agreements where they want to prevent insurers from seeking reimbursement from other responsible parties. Key features include spaces for both parties' details, the nature of the agreement, and explicit waiving of subrogation rights. Filling out the form requires clear identification of all parties and the specific liabilities being waived. Legal professionals such as attorneys, partners, owners, and associates can use this form to protect clients' interests in construction contracts or leases where liability issues may arise. Paralegals and legal assistants may find it useful when managing documentation related to insurance claims and ensuring compliance with contractual obligations. Overall, the Waiver of Subrogation form serves as a protective measure within legal frameworks, simplifying claims handling and avoiding potential litigation.