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quittance subrogative

English translation: subrogation release

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
French term or phrase:quittance subrogative
English translation:subrogation release
Entered by: Connie Leipholz

01:15 Sep 13, 2001
French to English translations [PRO]
Bus/Financial
French term or phrase: quittance subrogative
This is also on a factoring contract.
JabTrad
United Kingdom
Local time: 02:16
subrogation release
Explanation:
HI !

This is what Termium suggests :

1. Domaine(s)
– Fire, Accidents, Miscellaneous Risks (Insur.)

Domaine(s)
– Incendies, accidents et risques divers (Assur.)



subrogation release CORRECT

quittance de subrogation Source CORRECT, FÉM
CONT – Where the insured has a right against the third party, and this right is to be transferred to the insurance company, the insurance company takes what is known as a subrogation release.

CONT – Lorsqu'un assuré a un droit de recours contre un tiers, et qu'il accepte de transférer ce droit à la compagnie d'assurance, il doit remettre à cette dernière une quittance de subrogation.

***

subrogation release

A release signed by the insured once the insurer has paid the insured for a claim submitted. The release allows the insurer to subrogate the rights of recovery of the insured against the party responsible for the loss.

http://www.federatedrural.com/ins-wds/sss/s101a.htm
Selected response from:

Connie Leipholz
Canada
Local time: 21:16
Grading comment
That's perfect, thanks.
4 KudoZ points were awarded for this answer



Summary of answers provided
5 +1subrogation release
Connie Leipholz


  

Answers


10 mins   confidence: Answerer confidence 5/5 peer agreement (net): +1
subrogation release


Explanation:
HI !

This is what Termium suggests :

1. Domaine(s)
– Fire, Accidents, Miscellaneous Risks (Insur.)

Domaine(s)
– Incendies, accidents et risques divers (Assur.)



subrogation release CORRECT

quittance de subrogation Source CORRECT, FÉM
CONT – Where the insured has a right against the third party, and this right is to be transferred to the insurance company, the insurance company takes what is known as a subrogation release.

CONT – Lorsqu'un assuré a un droit de recours contre un tiers, et qu'il accepte de transférer ce droit à la compagnie d'assurance, il doit remettre à cette dernière une quittance de subrogation.

***

subrogation release

A release signed by the insured once the insurer has paid the insured for a claim submitted. The release allows the insurer to subrogate the rights of recovery of the insured against the party responsible for the loss.

http://www.federatedrural.com/ins-wds/sss/s101a.htm


    Reference: http://www.federatedrural.com/ins-wds/sss/s101a.htm
    Termium -- Terminological Databank of the Canadian Government
Connie Leipholz
Canada
Local time: 21:16
PRO pts in pair: 80
Grading comment
That's perfect, thanks.

Peer comments on this answer (and responses from the answerer)
agree  Nikki Scott-Despaigne
2 hrs
  -> merci !
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