Ic 01 Principles Of | Insurance Objectives Contents

“Proximate Cause,” Kael declared. “Not the nearest in time, but the nearest in efficiency .” They learned that the fire caused a panic, a horse kicked the rowboat, and it shattered before the flames reached it. The was the panic (uninsured), not the fire (insured). The Objective : to find the true, dominant cause of the loss, not just the last event.

“Zero,” Mira whispered.

Disaster struck. The Golden Breeze hit a reef and sank. Mr. Elian rushed back, distraught. “My silk was worth 10,000 gold coins! Pay me!” Ic 01 Principles Of Insurance Objectives Contents