antisubrogation rule

antisubrogation rule (an-tee-s[schwa]b-roh-gay-sh[schwa]n).Insurance. The principle that an insurance carrier has no right of subrogation — that is, no right to assert a claim on behalf of the insured or for payments made under the policy — against its own insured for the risk covered by the policy. See SUBROGATION. [Cases: Insurance 3510. C.J.S. Insurance §§ 1465–1466, 1489.]

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词条贡献者

译者Jason，毕业于世界顶级翻译学院，擅长翻译各种与税务信贷融资及社区发展相关的法律文件。