InsuranceClaim Amount Accumulation Period Pre-existing condition Basic health insurance policy Experience rating Other insurance clauses
Concurrent causation
In the realm of insurance, there exists a legal principle known as "concurrent causation." Simply put, this doctrine states that in the event of a loss caused by two perils, one excluded and one not excluded, coverage will still apply. This means that even if one of the perils is not covered under the policy, the other covered peril will still provide protection. It is important for individuals to understand this principle in order to make informed decisions about their insurance coverage.
Related terms
Understand the meaning and definition of Claim Amount in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Accumulation Period in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Pre-existing condition in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Basic health insurance policy in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Experience rating in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Other insurance clauses in the context of stock market, trading, and investments.
MOREExplore other categories
4.4 Cr+DOWNLOADS
Enjoy Zero Brokerage On Stock Investments
Get the link to download the App
