MR 863 – Additional Expenditure other than Increase in Cost of Working
- Monday, December 19, 2016, 15:35
- M-Clauses
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It is agreed and understood that otherwise subject to the terms, exclusions, provisions and conditions contained in the Policy or endorsed thereon, this insurance shall be extended to cover additional expenditure as specified below, other than increased cost of working, which may be incurred during the indemnity period as a consequence of an indemnifiable interruption of or interference with the business. The amount of indemnity payable shall be limited to either
- a lump sum payment of
or
- a daily limit of
and subject to a deductible of 20 % of each claim, minimum
This cover is not subject to average.
Extra annual premium:
Specification of additional expenditure:
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