Contribution (insurance)

Contribution applies where two or more insurance policies cover the same interest, risk and loss. After one insurer pays, it may seek a proportionate share from other insurers, depending on policy wording, sums insured and applicable law. The doctrine supports the indemnity principle by preventing the insured from receiving more than the loss while ensuring insurers bear their proper share. In Switzerland, multiple insurance and coordination clauses are handled through statutory rules and contract terms; consumer and mandatory provisions may limit clauses that disadvantage the policyholder.