What Does Following The Fortunes Mean?

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

Following The Fortunes

Following The Fortunes

The clause in a reinsurance contract stating that it is the reinsurer's duty to "follow the fortunes" of the insured as if the reinsurer were a party to the original insurance.

We hope the you have a better understanding of the meaning of Following The Fortunes.

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