Insurance · Principles of Insurance
In the 'Fundamentals of Insurance', the principle of 'Proximate Cause' determines:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1The specific peril that resulted in the highest financial value of damage
- 2The initial incident that began the sequence of events
- 3The event occurring chronologically closest to the loss
- 4The most dominant and effective cause of the loss✓
Correct answer
The most dominant and effective cause of the loss
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