Double Insurance

Double Insurance

Duplicate protection provided when two companies deal with the same individual and undertake to indemnify that person against the same losses.

When an individual has double insurance, he or she has coverage by two different insurance companies upon the identical interest in the identical subject matter. If a Husband and Wife have duplicate medical insurance coverage protecting one another, they would thereby have double insurance. An individual can rarely collect on double insurance, however, since this would ordinarily constitute a form of Unjust Enrichment, and a majority of insurance contracts contain provisions that prohibit this.

West's Encyclopedia of American Law, edition 2. Copyright 2008 The Gale Group, Inc. All rights reserved.

DOUBLE INSURANCE, contracts. Where the insured makes, two insurances on the same risk, and the same interest. 12 Mass. 214. It differs from re-insurance in this, that it is made by the insured, with a view of receiving a double satisfaction in case of loss; whereas a re-insurance is made by a former insurer, his executors or assigns, to protect himself and his estate from a risk to which they were liable by the first insurance. The two policies are considered as making but one insurance. They are good to the extent of the value of the effects put in risk; but the insured shall not be permitted to recover a double satisfaction. He can sue the underwriters on both the policies, but he can only recover the real amount of his loss, to which all the underwriters on both shall contribute in proportion to their several subscriptions. Marsh. Ins. B. 1, c. 4, s. 4; 5 S. & R. 473; 4 Dall. 348; 1 Yeates, 161; 9 S. & R. 103; 1 Wash . C. C. Rep. 419; 2 Wash. C. C. Rep. 186; 2 Mason, 476.

A Law Dictionary, Adapted to the Constitution and Laws of the United States. By John Bouvier. Published 1856.
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References in periodicals archive ?
The loan will feature a double insurance cover to help protect families by which, in case of any unforeseen circumstances, the outstanding loan amount will be waived off and a sum equivalent to the original loan amount will be paid to the nominated beneficiary to ensure continuation of the student's education.
Deliberating over the issue of charging students double insurance fees in case of transfer from one medical college to another, the committee took strict notice and said payment of difference can be understood but charging a double fee for the transfer is unacceptable.
The committee took noAtice of charging students double insurance fees while they seek to be transferred from one medical college to another and said that payment of difference was understood, but charging a double fee for transfer was unacceptable.
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