Whenever A Sum Insured is declared to be subject to the special condition of average, then, if such sum insured shall be at the breaking out of any fire or at the commencement of any destruction of or damage to the property by any other peril hereby insured against, be less than 85 % of the value of the property insured in that amount the insured shall be considered as being his own insurer for the difference between the sum insured and the full value of the property insured at the time of the fire or at the commencement of such destruction or damage and shall bear a rateable share of the loss accordingly.

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One Comment on “AVERAGE RELIEF CLAUSE (85%)”

  • adi wrote on 30 December, 2013, 14:32

    Selamat siang Pak Imam
    untuk average relief clause ini supaya lebih jelas, bisa Pak Imam tolong berikan contoh dalam hal perhitungan pembayaran klaimnya.

    Atas bantuannya saya ucapkan terima kasih.

    Applikasi Average Relief Clause (85%)
    Contoh : TSI : $850,000; VAR : $1,000,000; Claim $100,000
    Dengan Average Relief Clause (85%) maka claim payable $100,000
    Tanpa Average Relief Clause (85%) maka claim payable $85,000

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