When a doctor obtains insurance from more than one carrier and both policies contain language along these lines ' 'Insurance under this coverage is excess of and payable only after all other valid insurance limits of coverage have been exhausted' ' which will be deemed the primary policy and which the excess policy?
Excess or Primary Insurance?
When a doctor obtains insurance from more than one carrier and both policies contain language along these lines ' 'Insurance under this coverage is excess of and payable only after all other valid insurance limits of coverage have been exhausted' ' which will be deemed the primary policy and which the excess policy? Or will they each cancel the other out? The answer will depend on myriad criteria, including the specific language of the policies, the amount the insured paid for coverage and whether one policy identifies the other insurer as the primary insurer.
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Janice G. InmanThis premium content is locked for LawJournalNewsletters subscribers only
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