What does Clash Cover mean? Read on to discover the definition & meaning of the term Clash Cover - to help you better understand the language used in insurance policies.
A form of reinsurance that covers the cedent's exposure to multiple retentions that may occur when two or more of its insureds suffer a loss from the same occurrence. This reinsurance covers the additional retentions.
We hope the you have a better understanding of the meaning of Clash Cover.