What does Common Accident Clause mean? Read on to discover the definition & meaning of the term Common Accident Clause - to help you better understand the language used in insurance policies.
Common Accident Clause
Provision in most group accident or medical insurance policies under which the amount payable by the insurance company is limited to a maximum irrespective of the number of people injured.
We hope the you have a better understanding of the meaning of Common Accident Clause.