Multiple choice

In the field of insurance, what is the division of loss among insurers, when two or more cover the same loss called?

  1. Appraisal

  2. Duplication

  3. Apportionment

  4. Collision

  5. Endorsement

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

In the field of insurance, the division of loss among insurers, when two or more cover the same loss is called apportionment.