Page 9 - Fire Insurance Ebook IC 57

The Insurance Times

(v) Contribution - The principle of contribution, which
is also a corollary of the principle of indemnity,
provides that if the same property is insured under
more than one policy, the insured can recover a rate
able proportion of the loss under each policy. Under
no circumstances can he recover more than his loss,
and make a profit.

(vi) Proximate cause - A cause which immediately
precedes and produces the effect, as distinguished
from the remote, mediate, or predisposing cause.
An act from which a loss or injury results as a
natural, direct, uninterrupted consequence and
without which the loss or injury would not have
occurred.

It is the primary cause of a loss or injury. It is not
necessarily the closest cause in time or space nor
the first event that sets in motion a sequence of
events leading to an injury.

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