RATE OF EXCHANGE
- Sunday, December 18, 2016, 12:02
- R-Clauses
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It is hereby noted and agreed that all premium payment to the Insurers are in United States Dollar (US$). The rate of exchange that will apply for premium payment will be an agreed rate as at date of premium paid. The rate of exchange that will apply for claims settlement will be an agreed rate as at date of loss.
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