Knock-for-knock agreement
A knock-for-knock agreement is an agreement between two insurance companies whereby, when both companies' policy-holders incur losses in the same insured event (usually a motor accident), each insurer pays the losses sustained by its own policy-holder regardless of who was responsible.
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Knock-for-knock agreement
A knock-for-knock agreement is an agreement between two insurance companies whereby, when both companies' policy-holders incur losses in the same insured event (usually a motor accident), each insurer pays the losses sustained by its own policy-holder regardless of who was responsible.
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A knock-for-knock agreement is ...... rdless of who was responsible.
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Een knock-for-knock agreement ...... et voor schade aan te spreken.
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A knock-for-knock agreement is ...... rdless of who was responsible.
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Een knock-for-knock agreement ...... et voor schade aan te spreken.
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Knock-for-knock agreement
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Knock-for-knock agreement
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