Author Pearson, R. Published in COVER Magazine February 2005. Rod Pearson examines cover under South African policies for tsunami caused by Earthquake, Volcanic Eruption, Convulsions of Nature, Submarine Landslide and Meteorite.
An arrangement between motor vehicle insurers whereby each will pay its own repair costs on claims made. Each insurer agrees to forego recovery action against the other irrespective of the question of fault providing all the vehicles involved in an accident are insured with signatories to the agreement.