EXPEDITING EXPENSES CLAUSE
- Saturday, January 11, 2014, 7:09
- E-Clauses, Fire Insurance, Property All Risks (PAR)
- 3 comments
EXPEDITING EXPENSES CLAUSE
In the event of loss or damage to the Property Insured or any part thereof the cost of any repair replacement or rectification admitted under this Policy shall include the additional cost 25% above the normal cost or overtime weekend and shift working bonus payment plant hire charges express delivery (including airfreight) and the like necessarily and reasonable incurred in expediting such repair replacement or rectification but excluding any such cost solely to expedite have been obtained had no such loss or damage occurred.
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