Where two or more insurers properly pay out funds against a loss to an insured, it is as a result of

Name: Where two or more insurers properly pay out funds against a loss to an insured, it is as a result of
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Quizplus · Accepted Answer

Contribution occurs when two or more insurers share the cost of a claim. This principle ensures that the loss is distributed proportionally among the insurers, preventing the insured from recovering more than the actual loss from multiple policies.

Where Two or More Insurers Properly Pay Out Funds Against