What is concurrent in insurance

Concurrent Insurance — two or more policies covering the same exposure and having the same policy period and type of coverage trigger. It is important for primary and excess liability policies to be concurrent.

What is concurrent causation in an insurance policy?

Concurrent Causation — (1) A tort doctrine that imposes joint liability on two or more parties if their negligence combines to produce the same loss.

What is non concurrency in insurance?

A term used to describe a situation where there are two or more insurance policies not written with the same coverage, or effective dates.

When more than one policy is taken to cover the same risk it is called?

Double insurance arises where the same party is insured with two or more insurers in respect of the same interest on the same subject matter against the same risk and for the same period of time.

What is an anti-concurrent causation clause?

Anti-concurrent causation clauses specify that a loss is not covered when it was the result of more than one peril and at least one of the perils is subject to a policy exclusion.