known loss doctrine

known-loss doctrine. Insurance. A principle denying insurance coverage when the insured knows before the policy takes effect that a specific loss has already happened or is substantially certain to happen. — Also termed known-risk doctrine. [Cases: Insurance 2101.]
专业法律词汇 词条贡献者
双语律师Peter,毕业于法国一流的高级翻译学院,擅长翻译涉及基础建设领域的法律文件。
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