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Where two or more insurers share the payout of a loss to an insured, it is...

Where two or more insurers share the payout of a loss to an insured, it is as result of

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In Concurrent insurance, two or more than two insurance policies give coverage for similar risks over same time period. Fiding the right insurance policy is difficult.

It is good for the individual or business who thinks that specific Perl poses a crucial risk that can't be effectively covered by one policy. If cost, if not allowed then buying one or more concurrent policies, can be a prudent action. Purchasing one or more concurrent policies may be a prudent course of action if the cost is not prohibitive

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