Subrogation Contract Template for India

1. Multiple Insurers: Required when there are multiple insurers involved, detailing their respective rights and shares

2. Confidentiality: Needed for sensitive commercial claims or where confidentiality is specifically required

3. Costs and Expenses: Details of how recovery costs will be shared, if not covered in main recovery proceeds clause

4. Assignment: Required if further transfer of subrogation rights needs to be permitted or restricted

5. Dispute Resolution: Detailed ADR provisions if parties want specific resolution procedures beyond court jurisdiction

6. Third Party Rights: Required when there are other parties with potential interests in the recovery

1. Schedule 1 - Insurance Policy Details: Details of the relevant insurance policy including policy number, period, and coverage

2. Schedule 2 - Claim Details: Detailed description of the loss event and claim payment

3. Schedule 3 - Supporting Documents: List of all relevant documents supporting the claim and subrogation rights

4. Schedule 4 - Recovery Rights: Detailed description of all rights being transferred through subrogation

5. Appendix A - Power of Attorney: If required, formal authorization for the insurer to act in the insured's name

6. Appendix B - Claim Payment Evidence: Proof of claim payment and settlement by the insurer