Subrogation Form Template for Philippines

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Key Requirements PROMPT example:

Subrogation Form

"I need a Subrogation Form for a property insurance claim where our company (ABC Insurance) paid PHP 2.5M to our insured client for flood damage in January 2025, and we need to pursue recovery against the property developer who failed to implement proper drainage systems."

Document background
The Subrogation Form is a crucial document in Philippine insurance and legal practice, used when an insurance company seeks to recover amounts paid to an insured party from a third party responsible for the loss. This document becomes necessary after an insurance claim has been settled, and the insurer wishes to exercise its right of subrogation under Philippine law. The form must comply with both the Civil Code of the Philippines and the Insurance Code, incorporating specific provisions that protect the interests of all parties while facilitating the legal transfer of rights. The document typically includes detailed information about the original claim, the settlement amount, and the rights being transferred, while ensuring alignment with Philippine legal requirements and jurisprudence. It serves as the foundation for any subsequent legal proceedings the insurer may initiate against third parties.
Suggested Sections

1. Parties: Identification of the Subrogee (typically the insurance company) and Subrogor (typically the insured party), including complete legal names and addresses

2. Background: Context of the original claim, incident details, and the insurance policy under which payment was made

3. Definitions: Key terms used in the document, including 'Claim', 'Loss', 'Rights of Recovery', and other relevant terms

4. Subject Matter of Subrogation: Detailed description of the claim or rights being subrogated

5. Consideration: Details of the payment or consideration provided by the Subrogee

6. Transfer of Rights: Express provision transferring all rights, claims, and causes of action from Subrogor to Subrogee

7. Subrogor's Warranties: Warranties that the Subrogor has not compromised the rights being transferred

8. Cooperation Clause: Subrogor's obligation to cooperate in any proceedings or actions taken by the Subrogee

9. Governing Law: Explicit statement that the agreement is governed by Philippine law

10. Execution: Signature blocks and execution formalities

Optional Sections

1. Confidentiality: Required when sensitive information is involved or when parties wish to keep the subrogation arrangement private

2. Dispute Resolution: Include when parties wish to specify particular dispute resolution mechanisms or jurisdiction

3. Multiple Parties: Required when there are multiple subrogors or interested parties

4. Partial Subrogation: Include when only certain rights or portions of the claim are being subrogated

5. Foreign Law Compliance: Required when the subrogation involves cross-border elements or foreign parties

Suggested Schedules

1. Schedule A - Claim Details: Detailed description of the original claim, including dates, amounts, and circumstances

2. Schedule B - Insurance Policy: Details of the relevant insurance policy under which payment was made

3. Schedule C - Payment Evidence: Documentation of the payment made by the Subrogee to the Subrogor

4. Appendix 1 - Supporting Documents: List and copies of relevant supporting documents (police reports, damage assessments, etc.)

5. Appendix 2 - Power of Attorney: If required, power of attorney authorizing the Subrogee to act on behalf of the Subrogor

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions
Relevant Industries

Insurance

Banking and Finance

Maritime and Shipping

Real Estate

Construction

Manufacturing

Healthcare

Transportation and Logistics

Retail

Professional Services

Energy and Utilities

Relevant Teams

Legal

Claims Processing

Risk Management

Compliance

Insurance Operations

Policy Administration

Corporate Affairs

Documentation

Recovery and Collections

Customer Relations

Relevant Roles

Insurance Claims Manager

Legal Counsel

Risk Manager

Compliance Officer

Claims Adjuster

Insurance Underwriter

Corporate Lawyer

Policy Administrator

Recovery Specialist

Insurance Broker

Legal Operations Manager

Claims Processing Supervisor

Risk Assessment Officer

Documentation Specialist

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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