Letter of Subrogation
Letter of Subrogation
Letter of Subrogation
Dear Sir,
In consideration of your paying to us the sum of Rs. 8,02,532 (Rupees Eight lakh, Two
Thousand, Five Hundred and Thirty two) in full settlement of our claim for the theft of
Motor Vehicle in the premises located at House No. 216, Maidan Garhi, New Delhi-
110068, covered under Policy No. VPN0042004000103, issued by you, we hereby assign
transfer and abandon to you all our rights against any administration/third person caused or
arising by reason of the said loss and grant you full power to take and use all lawful ways
and means in your own name and otherwise at your risk and expense to cover the said loss
and we hereby subrogate to you the same rights as we have in consequence of or arising
And we hereby undertake and agree to make and execute at your expense all such further
deeds, assignments and documents and to render such assistance as you may reasonably