damn-fool doctrine

DAMN-FOOL DOCTRINE

DAMN-FOOL DOCTRINE damn-fool doctrine. Insurance. The principle that an insurer may deny (esp. liability) coverage when an insured engages in behavior that is so ill-conceived that the insurer should not be compelled to bear the loss resulting from the insured’s actions. ¡ª Also termed damned-fool doctrine. ¡°The ¡®damn foolish acts’ concept is not a perfect …

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damn-fool doctrine

damn-fool doctrine Insurance. The principle that an insurer may deny (esp. liability) coverage when an insured engages in behavior that is so ill-conceived that the insurer should not be compelled to bear the loss resulting from the insured’s actions. ¡ª Also termed damned-fool doctrine. What is the Chinese interpretation of damn-fool doctrine?