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What is it called when one insurance company is repaid by another insurance company?
Wiki User
∙ 14y ago
Subrogation, It's basically when an insured's insurance carrier pays for the damage done to their vehicle, even though it was the other parties fault. The insured's carrier will then go after the other parties carrier for reimbursement.
Wiki User
∙ 14y ago
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Should insurance settlements be repaid when stolen goods are recovered?
That is up to the discression of the insurance company.
What is government note that is repaid with interest?
what is it called when goverment note that is repaid with interest?
What is another word for reimbursed?
repaid, satisfied
Who are first in line to be repaid if a company is dissolved?
creditors
How do you obtain insurance in NJ if your driving privileges in MN were suspended for parking tickets 8 years ago?
Pay what you owe and negotiate with an insurance broker for the best company and deal. Since you have repaid your debt and you had no moving violations or accidents this should be easy.
Who are first in line to be repaid if a company is dissolvedHow is the market cap determined?
creditors
Another problem with Hamilton's plan is several had already ....?
Repaid their debts.
When insurance company files insolvency in what order does the creditor get repaid back for loans?
When an insurance company passes through acute financial stringency, it can apply for insolvency before the court of law. They will depute temporary caretaker,assess their financial condition (both their market loans,physical and liquid assets. The policy holders will get the top priority to get back their due money, followed by the creditors. The residue fund,after deducting all legal expenses, will be hand over to the stakeholders of the insurance company.
Do you have to repay a student loan if you are a cosigner and the borrow doesn't pay it because he doesn't want to?
That is the whole idea to co-signing. Another party to collect from if the debtor doesnt/cant pay. You are the insurance policy that the loan will get repaid. AND neither the lender nor the debtor has to pay for that insurance.
What was wage slavery in company towns?
A system for holding workers to their jobs until debts were repaid
A deduction from a full purchase amount that is repaid to the consumer is called a?
rebate
What is a person called who signs a loan with the borrower guaranteeing that the loan will be repaid?
A guarantor.
