double insurance

Insurance coverage by more than one insurer for the same interest and for the same insured.

• Except with life insurance, the insured is entitled to only a single indemnity from a loss, and to recover this, the insured may either (1) sue each insurer for its share of the loss, or (2) sue one or more of the insurers for the entire amount, leaving any paying insurers to recover from the others their respective shares of the loss.

---

词条贡献者

译者圣强，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，擅长翻译各种与房地产交易及建筑纠纷相关的法律文件。