Health · Chapter 18 · Optional Provisions
Other Insurance With This Insurer
Definition
Optional provision: if the insured holds multiple policies with the SAME insurer, only the maximum benefit of one policy is payable; the insurer terminates the duplicate contract and refunds its premium. Prevents profiting from stacked coverage bought from one company.
In plain English
You can't buy three policies from the same company and collect three times.
Easy to confuse with
These are what this term gets tested against — if you can't tell them apart cold, drill the contrast.
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