What Does Noncontributing Noncontributory Mean?

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

Noncontributing Noncontributory

Noncontributing Noncontributory

Insurance issued on the basis that it will not seek contribution from other insurance policies that apply to a covered loss on the same basis (e.g., primary). Requests for additional insured status sometimes specify that it be provided on a noncontributing or noncontributory basis. The additional insured in such cases is seeking assurance that its own policy will not be asked to contribute to a covered loss.

We hope the you have a better understanding of the meaning of Noncontributing Noncontributory.

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