What Does Double Recovery Mean?
What does Double Recovery mean? Read on to discover the definition & meaning of the term Double Recovery - to help you better understand the language used in insurance policies.
Double Recovery
Double recovery is a legal offense in which an insured makes several claims from different insurers for the same loss. This violates a core principle in insurance that no one should profit from their policies.
We hope the you have a better understanding of the meaning of Double Recovery.
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