WebWhen both this insurance and other insurance apply to the loss on the same basis, whether primary, excess, or contingent, the company shall not be liable [for more than a proportionate share]." [Emphasis added.] In 1986, the phrase "upon the absence of other insurance" was taken out. No change in coverage was intended, however. In modern … WebContingency insurance. Insurance coverage taken out by a party to an international transaction to insure against insurance coverage taken by the counterparty. The contingent insurer pays its beneficiary and attempts to collect from primary insurer. Key definitions of over 1500 useful international trade terms. More than … Warehouse-to-warehouse clause. Insurance coverage of international … Conta - What is Contingency insurance? Definition and meaning Advance Payment - What is Contingency insurance? Definition and meaning Unfair calling insurance; Categories: Search Terms. Search. Categories. … Cons - What is Contingency insurance? Definition and meaning Conf - What is Contingency insurance? Definition and meaning
Marine Insurance Act 1745 - Wikipedia
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Types of Marine Cargo Insurance Coverage Trade Risk Guaranty
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