05. Cause and Loss Flashcards
1
Q
Proximate Cause
A
When there is an unbroken chain of events between an occurrence and a loss, then that occurrence is the proximate cause of the loss
2
Q
Occurrence
A
An event, incident, or condition that causes damage
3
Q
Direct Loss
A
Physical harm to tangible property
4
Q
Indirect Loss
A
An economic loss that results from a direct loss
