InsuranceWorkers compensation Exclusive agent Inland marine insurance Lifetime maximum Self-insurance Loss control
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 Workers compensation in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Exclusive agent in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Inland marine insurance in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Lifetime maximum in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Self-insurance in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Loss control in the context of stock market, trading, and investments.
MORE
Explore other categories
10 Cr+DOWNLOADS
Enjoy Zero Brokerage On Stock Investments
Get the link to download the App
