other insurance clause

other-insurance clause. An insurance-policy provision that attempts to limit coverage if the insured has other coverage for the same loss. • The three major other-insurance clauses are the pro rata clause, the excess clause, and the escape clause. See ESCAPE CLAUSE; EXCESS CLAUSE; PRO RATA CLAUSE. [Cases: Insurance 2111.]

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词条贡献者

译者Miranda，毕业于英国顶尖的高级翻译学院，擅长翻译各种与债务重组与公司清算/破产相关的法律文件。