What is the principle of contribution?
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Works at the International Telecommunication Union, Lives in Geneva, Switzerland.
The contribution principle governs relationships between insurance companies. The contribution principle in insurance is a rule that specifies what happens when a person buys insurance from multiple companies to cover the same event, and that event occurs.
2023-06-16 10:37:53
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Julian Mitchell
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The contribution principle governs relationships between insurance companies. The contribution principle in insurance is a rule that specifies what happens when a person buys insurance from multiple companies to cover the same event, and that event occurs.