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The following information is about Contribution.

Contribution Defined


The principle of contribution applies where a risk is insured twice or more, for example on a travel and household policy, and the two insurers concerned may share the cost of any claim. This means that an individual cannot claim twice on two policies for the same loss which would contravene a key principle of insurance which is that the insured cannot be better off following a loss and claim.

This definition is in context to Auto Insurance. See more contextual defintions for Contribution.


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Insured Travelers Trigger Worldwide Donations

Published July 4, 2009, 12:04 am, PR.com

Travelers register their favorite Cause, Charity or Non-Profit, purchase travel medical or trip insurance or international medical coverage and a donation will be made by Lifeline Plus Inc. The contribution will generally be a tithing and therefore equal to 10% of the insurance cost; it will be paid directly to the charitable organization. [PR.com - July 04, 2009]

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Blaine resident recognized by State Bar

Published July 3, 2009, 11:50 pm, Mounds View Sun-Focus

Susan M. Holden, a partner in the Minneapolis law firm of Sieben, Grose, Von Holtum & Carey, received the Minnesota State Bar Association's Professional Excellence Award on June 25 at the 2009 MSBA Convention, in the Lake Superior Ballroom of the Duluth Entertainment Convention Center.

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Surviving the economic roller coaster

Published July 3, 2009, 11:30 pm, Lexington Clipper-Herald

(ARA) - It twists, it turns, it goes up, it comes down and it even has the uncanny ability to make many of us feel a bit wobbly and nauseous. The economic roller coaster has taken all of us for a wild ride, particularly over the past year.

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Tribal casinos provide Oklahoma revenue boost

Published July 3, 2009, 10:00 pm, The Joplin Globe

State revenues in Oklahoma from American Indian tribes operating casinos increased by nearly 30 percent in fiscal year 2009, to $105.6 million. The fiscal year 2008 total was $81.4 million. The figures are from the Oklahoma Office of State Finance.

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Wealth Check: 'How can I improve my savings to buy a house in a year?'

Published July 3, 2009, 4:24 pm, Independent

Cara Martin, 28, is a qualified social worker and works full time in adult mental health for the Belfast Health and Social Care Trust. She lives at home with her parents in the family home in the south of the city. "My financial goals include increasing my personal savings and working towards buying my own home within a year," she says.

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Liz Roberts will not seek governor"™s seat

Published July 3, 2009, 3:48 pm, The Woonsocket Call

PROVIDENCE — She was never officially in, but now Democrat Elizabeth Roberts is officially out of the 2010 campaign for governor.

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School board approves adopted budget

Published July 3, 2009, 1:36 pm, Centennial Citizen

The good news is the state Legislature passed the school finance bill before the end of its session, meaning school boards can move forward with their budgets for the 2009-10 school year.

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Message of Chargé d"™affaires, a.i. marking the 233 rd Independence Day of the United States of America

Published July 3, 2009, 12:39 pm, Daily News

Today marks the 233 rd anniversary celebrating the signing of America’s Declaration of Independence. America’s Founding Fathers knew that achieving independence would require winning a difficult war that risked bringing ruin on their fortunes, friends, and families if they did not succeed.

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Today: H 21 /L 11

Published July 3, 2009, 12:33 pm, Guelph Mercury

A pair of Guelph residents are active breeding, training and hunting champion coon dogs. The Mercury honors those under 40 making a contribution to the city.

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Missing the target for investors

Published July 3, 2009, 10:56 am, National Post

Target-date funds are no guarantee of retirement goals

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Off-site Contribution Links, User Submitted

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