chapter  28
30 Pages

Double Insurance and Contribution

Crucially, it is no part of either the general definition, or that expressed in the Marine Insurance Act 1906, that the several policies be identical in their coverage, whether as regards the subject-matter insured, the assured’s interest in the subject matter, or the risks covered.6 Double insurance exists on particular facts to the extent that there is an area of common coverage between several policies-to the extent that two or more insurers have (or would have) a common liability to indemnify an assured in respect of the same loss.7