Insurance 101 – Chapter 4 – Volume 29 – Inherent Vice

Inherent Vice

Inherent vice relates to internal decomposition or some quality which brings about the object’s own injury or destruction, not an extraneous cause.  The subjective test for fortuity raises questions regarding whether the inherent vice exclusion is effective.

The following video was adapted from my book, “Insurance Claims A Comprehensive Guide” Published by the National Underwriter Company and is available at the Zalma Insurance Claims Library

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