concurrent policy

One of two or more insurance policies that cover the same risk.

• Concurrent insurance policies are stated in almost identical terms so that liability can be apportioned between the insurers. [Cases: Insurance 2107.]

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词条贡献者

资深译员Chris，毕业于一所培养高级翻译以及跨文化事务专家的精英大学，专注翻译各种与卫星及航天技术诉讼有关的法律文件。