GLOSSARY
This Insurance Glossary of Terms is produced and maintained by the National Alliance Research Academy. 
If you have a comment, suggestion or question please contact us at glossary@scic.com

Contribution by Equal Shares

When a Liability Insurance policy says it and another company will pay a share of the loss equally until either the loss is paid or the Liability Insurance policy has paid its limits.

Do you need an answer immediately?

Check out our FAQ page!

Skip to toolbar