An examination of a risk to be insured, following which the inspector completes a form giving all particulars.
Cancellation of a policy before its normal expiry by mutual consent of insured and insurer.
The chief officer of the Government Department which regulates insurance.
The legal serving of notice of a lawsuit that has been filed.
A legal proceeding brought by one person against another.
Insurance for those persons who do not qualify for insurance at standard rates or terms
The party whose rights are assigned to another by subrogation.
The party which assumes the rights of another by subrogation.
Once a company has paid a loss for which someone other than the policyholder is responsible, it may have the right to recover this loss from the guilty party. This right is called subrogation.