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Card 6

Front

What does a non-contribution clause state?

Back

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Card 7

Front

If both policies contain a non contribution clause what happens?

Back

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Card 8

Front

If one policy has a non-contribution condition and one a rateable proportion condition what happens?

Back

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Card 9

Front

What does the specific insurance condition state?

Back

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Card 10

Front

Identify two market agreements on contribution

Back

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Card 11

Front

Identify two reasons insurers have market agreements on contribution

Back

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Card 12

Front

Define "subrogation"

Back

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Card 13

Front

What are the two method for sharing losses between policies under the principle of contribution

Back

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Card 14

Front

How does the sum insured method operate?

Back

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Card 15

Front

When is the sum insured method used?

Back

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