What Does Assumption of Risk Doctrine Mean?

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

Assumption of Risk Doctrine

Assumption of Risk Doctrine

A common law defense that has been used to pass the responsibility for loss or injury onto the injured party by asserting that the individual had knowledge and understanding of the hazards involved in the undertaking and is therefore not entitled to recovery for the loss. Legal decisions have eroded and narrowed the applicability of this defense.

We hope the you have a better understanding of the meaning of Assumption of Risk Doctrine.

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