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The Apportionment of Loss and Contribution of Compound Insurance - Softcover

A Clear Explanation Of The Various Rules, With Examples

 
9781332323883: The Apportionment of Loss and Contribution of Compound Insurance

Synopsis

This book is an exhaustive guide to apportioning insurance. As the author explains, non-concurrent insurance is a complex subject for which various rules have been formulated to ensure the assured is not deprived of his assured sum. The author discusses the full scope of the rules used, including the impact of the Reading, Griswold and Chicago rules, among others, as well as the contribution clause and the pro rata clause. The author also offers an explanation of the insurance contract and its implications for this topic. This work thus provides a thorough examination of this subject, which will be of interest to both insurance professionals and policyholders.

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