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Syntax Independent Components

Implementation Related Components

Dictionary search results : ... 21V9 ...
Name (2nd sort asc.) Type (1st sorted asc.) Definition Technical
AgreedSubrogationIndicator attribute of VehiclePassengers A coded indication of whether or not subrogation is permitted under this cover. Subrogation = A clause giving an insurer the right to pursue any course of action, in its own name or the name of a policy owner, against a third party who is liable for a loss which has been paid by the insurer. One of its purposes is to make sure that an insured does not make any profit from his insurance. This clause prevents him from collecting from both his insurer and a third party. Indicator (BIN+21V9)