- concurrent insurance permitted clause
- See concurrent insurance.
Ballentine's law dictionary. Anderson, W.S.. 1998.
Ballentine's law dictionary. Anderson, W.S.. 1998.
concurrent insurance — A term, according to some authority, which does not have a definite, precise, meaning in the law of insurance. Globe & Rutgers Fire Ins. Co. v Alaska Portland Packers Asso. (CA9 Or) 205 F 32; obviously, meaning other insurance on the same risk,… … Ballentine's law dictionary
insurance — A contract whereby, for a stipulated consideration, one party undertakes to compensate the other for loss on a specified subject by specified perils. The party agreeing to make the compensation is usually called the insurer or underwriter; the… … Black's law dictionary
insurance — A contract whereby, for a stipulated consideration, one party undertakes to compensate the other for loss on a specified subject by specified perils. The party agreeing to make the compensation is usually called the insurer or underwriter; the… … Black's law dictionary
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