Posts Tagged ‘ACCUMULATED STOCK CLAUSE’

In adjusting any loss account shall be taken and an equitable allowance made if during the indemnity Period turnover is temporarily maintained from accumulated stocks of finished goods held by the Insured, thus causing a shortage of finished goods after the Indemnity Period has expired. Full story

In adjusting any loss, account shall be take and equitable allowance made if any shortage in turnover due to the damage is postponed by reason of the turnover being temporarily maintained accumulated stocks of finished goods. Full story