Insurance

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

Tortfeasor

Understand the meaning and definition of Tortfeasor in the context of stock market, trading, and investments.

MORE
Trustee

Understand the meaning and definition of Trustee in the context of stock market, trading, and investments.

MORE
Void

Understand the meaning and definition of Void in the context of stock market, trading, and investments.

MORE
Retention

Understand the meaning and definition of Retention in the context of stock market, trading, and investments.

MORE
Combined ratio

Understand the meaning and definition of Combined ratio in the context of stock market, trading, and investments.

MORE
Abstract

Understand the meaning and definition of Abstract in the context of stock market, trading, and investments.

MORE
Open Free Demat Account!

Join our 3.5 Cr+ happy customers

+91
Explore other categories
Enjoy Zero Brokerage on Equity Delivery
4.4 Cr+DOWNLOADS
Enjoy Zero Brokerage On Stock Investments

Get the link to download the App

Get it on Google PlayDownload on the App Store
Open Free Demat Account!
Join our 3.5 Cr+ happy customers