Glossary

Subrogation is the assignment to an insurer by terms of the policy or by law, after payment of a loss, of the rights of the insured to recover the amount of the loss from one legally liable for it.

A subrogation provision is a provision in an insurance policy addressing whether the insured has the right to waive its recovery rights against another party that may have been responsible for loss covered under the policy.

Subsidence is a sinking of filled, graded, or undermined earth or soil to its original or natural elevation.

Substandard refers to "less than standard" risk.

Substitute notice is a type of general notification communicated via website, media, and email that entities may be permitted to substitute for individual notices to affected consumers in the event of a data breach that results in their personal information being exposed.

The substitute physician coverage endorsement refers to an endorsement sometimes attached to physicians professional liability insurance policies providing coverage for a substitute physician who treats the insured physician's patients in the insured's absence.

A successor life rider is a survivor life insurance policy rider that guarantees that the survivor can increase their original face amount by a predetermined amount without evidence of insurability after the death of the other insured under the policy.

This exception to the 1973 comprehensive general liability (CGL) pollution exclusion preserved coverage with respect to pollution incidents that were "sudden and accidental."

A sue and labor clause found in an ocean and inland marine insurance provision requires the insured to protect damaged property from further loss once a loss has occurred.

The suicide provision is a provision found in most life insurance policies that provides that if the covered individual dies as a result of suicide within 2 years of the policy issued date, the policy will not pay the death benefit.