What Does Accumulation Mean?

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What does Accumulation mean? Read on to discover the definition & meaning of the term Accumulation - to help you better understand the language used in insurance policies.

Accumulation

Accumulation

In property-casualty (P&C) insurance, refers to the total combined risks that could be involved in a single loss event (involving one or more insured perils).

We hope the you have a better understanding of the meaning of Accumulation.

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