An insurance policy that pays benefits only if two types of events occur. One of the triggers is usually a casualty event, such as a fire or a tornado, and the other is a financial event, such as an increase in the price of a commodity. For example, a dual trigger policy might pay benefits if a fire destroyed the warehouse of a shipping company and the price of diesel fuel went up by twenty percent.
Related information about dual trigger insurance:
- Dual trigger insurance - Wikipedia, the free encyclopedia
Dual Trigger insurance is an insurance (or reinsurance) program where the limit, premium, or retention are linked to one or more contingencies other than ...
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dual-trigger insurance definition: An insurance policy that pays benefits only when two specified events occur. For example, an electric utility might purchase a ...
- What is dual trigger insurance? definition and meaning
Definition of dual trigger insurance: An insurance policy that pays benefits only if two types of events occur. One of the triggers is usually a casualty event, such ...
- Dual trigger insurance | Yourinsurancepolicy
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- Insurance Policies » Dual trigger insurance
Dual trigger insurance. When comparing prices, note shipping insurance is included on shipments in the US … Cap Mlc-24dx Master Lighting Control Relay 24 ...
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- Two for the Money
Dual-trigger insurance (a subset of “Other”) .... The cost of the dual-trigger insurance policy falls between 4% and 8% of its $100-million coverage limit, or roughly ...
- Dual trigger insurance | Health Insurance Links
Oct 14, 2012 ... A. Basic Principles 1. Two Basic Types of Insurance –First party and Third Party [ liability insurance] … Posted in: Dual trigger insurance ...