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Wholesale Group Insurance

Posted on July 20, 2013July 20, 2013

See Franchise Insurance.

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FEAR OF A PERIL

Insurers are liable for losses proximately caused by an insured peril. Fear of a peril does not constitute a peril so that Insurers are not liable for a loss caused by an uninsured peril, even though the loss would not have arisen but for fear of an insured peril.

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