Sample Form 3: Waiver of Transfer of Rights of Recovery against Others to Us
Transfer of Rights of Recovery - | This is another term for "waiver of subrogation" |
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Name of Person or Organization - | This cannot be left blank. It must have our name or the “as required by contract” language. |
The important language is highlighted - | TRANSFER OF RIGHTS OF RECOVERY We waive any right of recovery we may have against the person or organization shown in the Schedule above This waiver applies only to the person or organization shown in the Schedule above. |