Common use of Assignment of Benefits Clause in Contracts

Assignment of Benefits. Where the insurer has paid expenses or benefits to you or on your behalf under this policy, the insurer has the right to recover, at its own expense, those payments from any applicable source or any insurance policy or plan that provides the same benefits or recoveries. This policy also allows the insurer to receive, endorse and negotiate eligible payments from those parties on your behalf. When the insurer receives payment from any other insurer, or any other source of recovery to the insurer, the respective payor is released.