Presence of other contract(s) covering the same conditions. When more than one policy covers the exposure, each policy will pay an equal share of the loss.
| Insurance Dictionary: Other Insurance |
Presence of other contract(s) covering the same conditions. When more than one policy covers the exposure, each policy will pay an equal share of the loss.
| 5min Related Video: Other Insurance |
| Other Insurance Clause (insurance term) | |
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