Surrogation
Term · Environment · MLC-T-ENV-027414
The right of an insurance company to step into the role of the party whom they compensate and sue any party whom the compensated party could have sued.
| Identifier | MLC-T-ENV-027414 |
|---|---|
| Field | Environment |
| Subject | Land, waste and cleanup |
| References | Environmental Insurance and Risk Management Tools Glossary |
Record as JSON
{
"id": "MLC-T-ENV-027414",
"term": "Surrogation",
"field": "Environment",
"definition": "The right of an insurance company to step into the role of the party whom they compensate and sue any party whom the compensated party could have sued.",
"subject": "Land, waste and cleanup",
"references": [
"Environmental Insurance and Risk Management Tools Glossary"
],
"url": "https://mlchart.com/terminology/environment/surrogation/"
}
Record 27,414 of 30,736 in Environment terminology (MLC-0121). Request the full dataset.